QUEENSLAND COUNTRY LIFE – by Bruce McLeish, Elders northern wool manager – “DESPITE the Chinese sector being on holiday for National Day the wool market in Australia made positive gains and closed 10c higher on the back of a small offering.”
THE TIMARU HERALD (NZ) – Koren Allpress – “Despite being held in a couple of different, new locations, the Waimate Shears event went “really well”, Waimate Shears executive officer Eileen Smith says.
The event was a “bit makeshift” because in the past it was held at the stadium, but this year the shearing events were held in a marquee at the South Canterbury A&P showground and the wool handling events at Russell Hart’s woolshed, Smith said.
VOXY – from Doug Laing, media officer, Shearing Sports New Zealand – “Australia regained transtasman shearing match supremacy with a big win over the Shearing Sports New Zealand team last night at Warialda, New South Wales.
In the first-leg of an annual home-and-away series, with three from each country shearing 16 sheep each, including merino and strongwool crossbreds, Australia beat New Zealand by 17.21pts.”
SCOOP INDEPENDENT NEWS – by Tina Morrison – “Oct. 7 (BusinessDesk) – New Zealand wool prices were mixed at the latest weekly auction amid targeted buying, as demand remains soft so far this season.
The price for 25-micron merino wool at yesterday’s South Island auction advanced to $11.30 per kilogram from $11.20/kg at the previous comparable South Island auction two weeks ago, although it’s 7 percent below the same period last year, according to AgriHQ. Coarser mid-micron wool declined, with 29-micron wool sliding to $6.70/kg from $7.30/kg at the previous comparable auction, down 36 percent from last year’s level.”
RURAL NEWS GROUP – “The South Island sale of 8565 bales comprising a wide range of wool types saw good support with 78% of the offering selling. “
NBR – by Shaye Lee – “New Zealand wool prices were mixed at the latest weekly auction amid targeted buying, as demand remains soft so far this season.”
FARM WEEKLY – by Courtney Walsh – “ENCOURAGING the next generation and the future of the sheep breeding industry was the focus of the Australian Wool Innovation (AWI) Future Sheep Breeders Challenge at this year’s IGA Perth Royal Show.
The competition began in March with students from WA Colleges of Agriculture, Narrogin, Denmark, Harvey and Cunderdin, Esperance Training Centre and Kiara College, selecting a team of wethers to prepare for the show ring from the House family’s Barloo Merino and Poll Merino stud, Gnowangerup.”
SHEEP CENTRAL – “INCREASED demand for 19 micron and finer wool types in a small offering helped lift the AWEX benchmark Eastern Market Indicator 10 cents back to 1300 c/kg clean this week.”
THE WEEKLY TIMES – “THE Eastern Market Indicator has been forecast to rise 4 per cent for 2016-17, to average close to 1300c/kg clean.
The Australian Bureau of Agricultural and Resource Economics and Sciences’ agricultural commodities report said wool production was likely to remain unchanged at 325,000 tonnes greasy, with shorn-sheep number dropping by 2 per cent, but fleece weights increasing to about 4.5kg because of the improved seasons.”
SCOOP INDEPENDENT NEWS – Press Release: New Zealand Wool Services International – “New Zealand Wool Services International Ltds C.E.O Mr John Dawson reports that the South Island sale of 8565 bales comprising a wide range of wool types saw good support with 78 percent of the offering selling.”