STOCK & LAND – by laura Griffin – “The Australian wool auction sales adjusted heavily downwards last week (ending Thursday August 24) in stark contrast to the impressive gains of the previous week.”
STOCK & LAND – by Mecardo, Ag Concepts – “While cattle prices eased again last week, the rate of decline has slowed.
The EYCI dropped 112¢ over the previous 12 weeks, at a rate of 9.3¢ per week. Last week, the EYCI lost “only” 4.75¢ to hit yet another 22-month low of 538.75¢/kg cwt. At a dressing percentage of 54 per cent, the EYCI was at 291¢/kg lwt.”
EYRE PENINSULA TRIBUNE – “ONE hundred years of ram sales at Calcookara Poll Merino and Merino stud was commemorated with a $373 lift in the average price at the Cowell on-property sale on Thursday last week.”
CROOKWELL GAZETTE – by Bronwyn Haynes – “Two local Crookwell shearers will be among the NSW Shearing team who will represent the state at the end of October in Bendigo at the National Titles.”
THE RURAL – by Nikki Reynolds – “WOOL prices have taken a 42c/kg price fall with the Australian Wool Exchange Eastern Market Indicator closing at 1572c.”
QUEENSLAND COUNTRY LIFE – “Bruce Lines, Qld Wool Manager for Rodwells, a Ruralco company based in Roma, gave me a comprehensive round up on the wool industry at the present time.
He said the wool market rose in extraordinary fashion in week seven of the wool selling calendar. After the previous week’s significant rise, most thought the market would be a little better. That was a long way from what happened. “
PORT LINCOLN TIMES – by Ali Kuchel – “DELOSHANDA stud reached a sale record, with a merino ram attracting a $6200 bid from repeat buyer Rhett Morrow, Darke Peake, at its Kielpa sale on Monday, August 14.”
PORT LINCOLN TIMES – “MORLEY Poll Merino Stud set a record average of $2022 at its 19th annual on-property sale at Cleve on Friday, August 18.
The average was $134 up on last year.
Morley also achieved full clearance, with 59 out of 60 rams sold during the auction, and the final sire snapped up straight after the sale.”
SOUTH CHINA MORNING POST – by Vivian Chen – “Athleisure is here to stay, and Chinese sportswear brands may soon lead the way.
Most recently, Particle Fever has partnered with The Woolmark Company and luxury retailer Lane Crawford to create an athleisure capsule collection using Australian merino wool. The material is rarely used in sportswear these days, but actually has plenty of benefits for performance wear.”
NZ FARMER – “The way to lift wool prices out of their doldrums is to develop products the future will want, writes Andy Ramsden.”