THE AUSTRALIAN – by Sue Neales – “Regional Australia’s ice plague is ripping through the shearing industry, busting apart decades of wool industry traditions and generating drug-fuelled distrust between shearers, farmers and their woolshed workers.”
OTAGO DAILY TIMES – by Sally Rae – “Falling volumes are forecast to push meat and wool exports down to $8.2 billion in the year ending June this year.
That was a 9.6% drop from the previous year and $40million lower than the previous forecast in December last year, a new quarterly update of the Ministry for Primary Industries’ Situation and Outlook for Primary Industries said.”
WESTERN MAGAZINE – “The success of a record breaking charity auction was celebrated in Parkes last month. More than 60 guests were on hand at the Parkes Services Club to toast the success of Quality Wool’s recent charity wool auction for Ronald McDonald House Westmead, which raised $77,000 to assist seriously-ill children and their familieS.”
SHEEP CENTRAL – “AUSTRALIAN wool prices experienced a dramatic correction again this week, with most Merino types losing 50-100 cents, although a positive trend emerged in later sales.”
NBR – by Tina Morrison – “New Zealand’s wool market has just had the lowest clearance rate in almost eight years recorded at the latest weekly auction.”
SHEEP CENTRAL – by Michael Avery, Southern Aurora Wool – “THE deep retraction in prices in the wool auction market had only a minor impact on the forward markets this week.”
AUSTRALIAN WOOL INNOVATION – Wool market review – week ending 7 April 2017 (Week 40)
FARM WEEKLY – by Mal Gill – “WOOL was the standout commodities performer in the first quarter this year and, thanks to a “bump” in grain prices, WA was best performing commodities State, according to National Australia Bank (NAB) Agribusiness.”
SCOOP INDEPENDENT NEWS – Business Desk – by Tina Morrison – “New Zealand’s wool market remains weak, with the lowest clearance rate in almost eight years recorded at the latest weekly auction…”
NZ FARMER – by Tim Cronhaw – “Agricultural leaders are shivering in excitement rather than shuddering at the thought of even more technological and market change ahead.
Leaders of companies with a combined 80 per cent stake in New Zealand’s primary exports met in Christchurch this week for the Te Hono Summit, which has emerged from boot camps previously at Stanford University. The brainchild of New Zealand Merino Company (NZM) chief executive John Brakenridge, previous summits have resulted in new companies and a joint-venture market hub in Shanghai.”