STOCK & LAND – by Catherine Miller – “SALE SUMMARY
3816 ewe lambs to $226
3588 wether lambs to $114
BUYERS upped the ante at Telang Pastoral Company’s 25th annual sale on Friday last week at Kingston, with East Friesian-Border Leicester-Merino ewe lambs averaging $40 more than 2015.”
FIBRE2FASHION – Courtesy AWI – “A strengthening dollar and higher supplies into the market sent Australian wool prices into a negative zone, following consolidation of wool prices in the last few weeks. Although the wool market was not affected much, the higher supply of wool however, released the pressure valve on buyers, both local and overseas, as prices fell by around Au 25-30 cents.”
THE RURAL – by Marty Moses – “A LARGER offering of wool has caused prices to slide by 28c/kg at auction sales.
The Australian Wool Exchange eastern market indicator has settled at 1303c.
Moses and Sons principal, Marty Moses of Temora said the offering of 47,220 bales meant that buyers could be more selective and spread the basis between the best and average style and measurement.”
THE LAND – by Stephen Burns – “The annual Hazeldean Merino ram sale at “Rosevale”, Hay, had been postponed for two weeks due to the very wet conditions, but loyal clients understood and returned to once again secure their sire requirements from the stud with a high reputation for breeding Merino and Poll Merino rams with the conformation to match their figures.”
SHEEP CENTRAL – “WOOL prices fell this week, as the second largest offering of the season and buyer acceptance allowed prices to slide.”
AUSTRALIAN WOOL INNOVATION LIMITED – Wool market review – week ending 4 November 2016 (Week 18)
THE LAND – by Stephen Burns – “Brothers Simon and Angus Brabin are committed to breeding quality Merino sheep on the family aggregation based on “Bundaleer”, Junee.
In partnership with their parents Tom and Merril, the brothers join 1200 Merino ewes annually to Merino rams purchased from the Baldwin family at “Bundilla”, Young, alongside 300 Merino seconds joined to Composites to maintain first-cross numbers.”
NZ FARMER – by Mike Watson – “A Marlborough high country farming family have won the inaugural Marlborough Sheep and Beef Farmer of the Year competition.
Awatere Valley merino sheep and angus cattle breeders Simon, Lynda and Tom Harvey narrowly headed off five other finalists to win $34,000 worth of sponsors products from the $70,000 total prize pool.”
ABC RURAL – NSW Country Hour by Sally Bryant – “Elite knitwear manufacturer and retailer, Devold of Norway will be using the legend of the Australian wool industry as part of their marketing strategy, in a sales and marketing partnership with a select group of fine wool producers.”
THE LAND – by Vanessa Binks – “THE Australian Wool Exchange Eastern Market Indicator (AWEX-EMI) has continued on a sixteen-month high after the benchmark indicator remained unchanged, settling at 1331 cents per kilogram.”