OTAGO DAILY TIMES – by Sally Rae – “New Zealand’s crossbred wool industry is facing ”real challenges” heading into the new season and returns to growers are well below sustainable levels, brokers say.
The market continued to ”melt down seemingly with no bottom”, especially for wool carrying higher vegetable matter content and high colour readings, PGG Wrightson Wool’s South Island sales team said.
The season was drawing to a close, with only one South Island sale left, and sellers
were keen to meet the market at last week’s sale.”
THE AVON VALLEY & WHEATBELT ADVOCATE – by Carla Hildebrandt – “The Wundowie Men’s Shed have restored a weathered Donald’s No. 2 Wool Press, originally used to manually press wool before automatic machines were invented.
The wool press was first released in 1860.”
WKYC.COM – by Monica Quintero, KIDY – “SAN ANGELO, TX – There’s no doubt San Angelo is charming and quaint, filled with lots of character, lots of art — and lots of sheep statues.
Their unique designs will certainly catch your attention.”
THE RURAL – by Stephen Burns – “The 66th annual Hay Sheep Show held in the Norm Smith Pavilion at the Hay Showgrounds attracted many of the best stud and commercial Merino sheep in the south…”
THE AUSTRALIAN BUSINESS REVIEW – by Sue Neales – “Former shearer Don Wray doesn’t believe Australian manufacturing is dead or cannot be revived.
He successfully runs a $30 million wool quilt-making company founded 40 years ago that is growing every year, employs 80 staff and now exports 30 per cent of its products to China.
Best of all, Mr Wray’s MiniJumbuk business — which started off making woolly lamb toys for Japanese tourists in the 1980s to take home as souvenirs — has proved that manufacturing doesn’t have to be based in a major city to survive and prosper.”
THE WEST AUSTRALIAN – by Cally Dupe – “Do you know someone exceptional in the wool industry, be it a volunteer or employee?
Nominations are open for the inaugural Australian Wool Industry Medal to recognise men and women who have made a big contribution to the national industry.
Categories include producing, shearing, wool classing, testing, brokering, market reporting and analysis, administration or regulation service, exporting, processing, education, science, promotion, fashion and other.”
THE WEST AUSTRALIAN – by Cally Dupe – “Record prices for fine Merino wool have softened in recent weeks, reflecting supply and demand changes.
The season total peaked at $2.6 billion last week as trade reports indicated strong support for better-type wools. But the price of fine Merino continued its month-long contraction, with industry experts now forecasting it will fall further.”
THE COUNTRY – NZ HERALD – by Yvonne O’Hara – “A re-enactment of Captain Cook delivering New Zealand’s first sheep is to be held on the Wanaka foreshore on June 23.
It is one of the highlights of the National Golden Fleece exhibition and Wool Expo, which the Upper Clutha A&P Society is running on June 23 and 24. Wool Week and Walk is on from June 19-24.”
QUEENSLAND COUNTRY LIFE – by Bruce McLeish, Elders northern wool manager – “AUSTRALIA experienced another strong wool market this week on the back of small volumes available globally and early stage processors keen to avoid stocks getting too low at a time of year when it is nigh on impossible to purchase any large volumes.”
THE RURAL – by Marty Moses – “WOOL prices increased by 28c/kg at auction sales with the Eastern Market Indicator settling at 1508c.
Moses and Sons principal, Marty Moses of Temora said 28,585 bales were offered and the market was met with new vigour.”