FARMING AHEAD – by Kristy Moroney – ” … Top performers of the 2016-17 year include sheep-meat and wool producers who are expected to enjoy a once-in-a-decade 70 per cent increase in cash flow. Sheep farm businesses have gone from earning $88,600 (2015-16) to $133,000 (2016-17) on average.”
THE WEEKLY TIMES – by Kate Dowler – “THE mixed market signals continued this week at wool auctions across the country. The Eastern Market Indicator gradually declined throughout the week to close 12c/kg lower at 1522c/kg, driven mainly by falls in the Melbourne market.”
THE WEEKLY TIMES – by Jamie-Lee Oldfield and Emma Field – “BROADACRE farm cash income is likely to reach its highest in more than 20 years, but dairy income has plummeted.
And industry says costs are growing at a faster rate.
Producers of sheep, lambs and wool have come out on top for the 2016-17 year, with their farm cash income about 70 per cent above the 10 year average.
Reduced wool production meant sheep farm cash income declined slightly in 2015-16, but is expected to rise to average $133,000 per farm this year, with high prices for all the sectors commodities.”
THE LAND – by Mandy McKeesick – “AT just 21, Peta Bradley is well on her way in the Australian wool industry.
Currently studying a Bachelor of Rural Science at the University of New England, she has come from a life on the land to the realm of academia with aspirations of giving back to the world of wool. “
The Sheep Deer and Cattle Report: Winter rotations start in wet conditions up north and another processing plant closes (NZ)
INTEREST.CO.NZ – Posted in Rural News – by Tony Chaston – ” … WOOL – Last week’s South Island auction saw a wider range of better styled wools reignite some interest in a weak crossbred wool market….”
NORTH QUEENSLAND REGISTER – by Annabelle Cleeland – “AUSTRALIAN Wool Innovation (AWI) will announce its intentions to support a digital Wool Exchange Portal (WEP) to buy and sell wool within the fortnight.
With exceptional wool price rises this financial year far exceeding AWI’s forecast Eastern Market Indicator of 1225c/kg clean average, AWI chairman Wal Merriman said the extra levy revenue could be allocated toward financing the WEP.”
THE INVERELL TIMES – “A spike in health issues and deaths in sheep, particularly amongst weaners, has prompted a call to farmers to investigate ill thrift early and take action before problems spread to the rest of the mob.”
QUEENSLAND COUNTRY LIFE – by Lucy Kinbacher – “THE Brumpton Family, Mount Ascot and Jolly Jumbuck studs, Mitchell continue to stake their claim as one of Queensland’s leading breeders after taking out three of the five state titles and a grand champion.
The Merino ram, Mount Ascot Bill, exhibited by Nigel and Rosemary Brumpton was named the reserve grand champion Merino ram of the show before going on to claim the Queensland Junior Ram of the Year and the Queensland Ram of the Year at the State Sheep Show in Charleville on Saturday.”
QUEENSLAND COUNTRY LIFE – by Lucy Kinbacher – “FOR Victoria Downs, Morven stud owner Will Roberts watching his daughters Candice Roberts and Catherine Perrett lead their sheep to the Queensland Junior Ewe of the Year and Queensland Ewe of the Year title is a win-win situation.
Not only is it a joy to see their ambitions to “breed big productive sheep” on display but knowing the future of the stud is in good hands is just as rewarding.”
OREGON BUSINESS – by Amy Milshtein – “Untangling the relationship between an iconic brand, an Oregon ranch and a new, responsible wool standard…”