ABC NEWS – by Landline Fiona Breen – “To combat the drift away from wool production in Australia, European luxury fabric and suit makers have set up Wool Excellence Clubs, rewarding what they say are the very best Australian wool producers with top prices.”
FARM WEEKLY – by Kathryn Fleay – “COLD, windy conditions did little to deter the loyal clients at Arrin Park’s on-property ram sale last week, where the top price reached $900.
The quality of the 42 Merino and 10 Poll Merino rams impressed the return buyers, and saw Arrin Park’s overall average reach $627.
The sale started strongly with the top-priced ram being the first on offer and selling for $900. “
FARM WEEKLY – by Lynette Carew-Reid – “ROCK solid prices from start to finish reflected the evenness of quality throughout the Chirniminup Dohne ram sale at Nyabing on Monday.
The 120-ram yarding posted a $2300 top but it was the consistency of prices that set a $1378 average that was a real highlight.”
FARM WEEKLY – by Jodie Rintoul – “STRONG competition from mainly local buyers and a quality presentation of rams was the ideal combination at last week’s Wongan Hills and Districts Stud Sheep Breeders Association annual ram sale to ensure a solid result.”
THE WEEKLY TIMES – by Jenny Kelly – “YOUNG Merino ewes sold to $274 at Hay today in a sale that most people rated as very good without being exceptional.
Bidding was slow with restockers appearing cautious of the money involved in funding replacement sheep.
The opening pen of 514 Merino ewes from Mooloomoon was an example of how the sale flowed.”
THE WEEKLY TIMES – by Xavier Duff – “ONE of Victoria’s biggest farms has been sold to US investors in a surprise deal believed to be worth $50 million.
The historic 6,880ha Banongill Station near Skipton owned by former VFL footballer and retirement village owner Stewart Gull and his wife Sue has been sold to an American superannuation fund.”
NZ FARMER – “Crossbred wool prices appear to have levelled after an offering of 12,000 bales went to the Christchurch wool sale on Thursday.
After a declining market the last few months prices looked to have stabilised for crossbred pre lamb and hogget fleece.
Crossbred fleece prices were mostly firm compared with the last sale on September 8 and hogget fleece was slightly cheaper.”
SHEEP CENTRAL – “MEDIUM and broad Merino wool prices fell 30-40 cents this week as currency fluctuations made buying more expensive in US dollars. Australian Wool Exchange senior market analyst Lionel Plunkett said crossbred wools also had a lacklustre week, also losing as much as 40 cents.”
NBR by Tina Morrison – “New Zealand wool prices generally advanced at the country’s latest weekly auction, which featured the greatest number of bales on offer in the season so far.”
AUSTRALIAN WOOL INNOVATION – Wool market review – week ending 23 September 2016 (Week 12)