THE WEEKLY TIMES – by Nicola Bell – ” THE wool market is healthy because of rising demand, according to Australian Wool Innovation.
AWI chairman Wal Merriman told last week’s annual general meeting in Sydney it had been “a positive year for wool-growing”.
Mr Merriman said in 2015-16 the average Eastern Market Indicator was more than 150c/kg higher than the previous year and the monthly EMI average was 1200c/kg.”
THE WEEKLY TIMES – by Nicola Bell – “IT’S true you may not always agree with the news you read or watch — but it’s also true there is a real reason why the media exists.
As a journalist, I put questions to often unreachable companies or people, and give that information to the community that may be affected — positively or negatively.”
SCOOP INDEPENDENT NEWS – Press Release World Shearing Champs – “The 2017 World Shearing title is a wide-open contest according to former champion Gavin Mutch.
The transplanted Scotsman, who farms in Taranaki, comes up with a long list of contenders when asked who will provide the biggest challenge in his attempt for a second individual title at the World Shearing and Woolhandling Championships in Invercargill, New Zealand in February. At the top of the list is his good kiwi mate.”
NORTH QUEENSLAND REGISTER – by Annabelle Cleeland – “THE wool market is firing as a post-flood surge in supply struggles to dampen demand for Merino fleeces.
Last week marked the third consecutive run of high volumes, with the national offering of 47190 bales having little effect prices.
The Eastern Market Indicator (EMI) soared to 1314 cents per kilogram, an increase of 24c, while the West Australian market indicator closed the week at 1382c.”
SCOOP BUSINESS – Press Release New Zealand Wool Services International – “New Zealand Wool Services International Ltds Marketing Executive Mr Malcolm Ching reports that the 7250 bales of North Island wool on offer saw a 72 percent clearance with most types easing further. Some good colour types resisted this trend as buyers continue very focused buying with targeted better style wools getting more support.”
THE WEEKLY TIMES – by Alice Pohlner – “MURRAY Woods couldn’t have picked a better year to grow his first wool clip.
Great seasonal conditions and improving wool prices have left him pleased to have chosen Merinos to kickstart his sheep operation.
Mr Woods sold 14 bales of Merino fleece wool with an average of 16.6 microns for a top of $1148 a bale at the wool stores in Melbourne last week.”
SHEEP CENTRAL – by Terry Sim – “ABOUT $1.8 million will be spent on wild dog management in South Australia next year, but the state government is continuing to ignore sheep producer calls for funding to employ professional trappers south of the state’s dog fence.”
QUEENSLAND COUNTRY LIFE – by Annabelle Cleeland – “Despite losing nearly 1000 shareholders last year, the Eastern Market Indicator’s (EMI) year-on-year climb of 150 cents a kilogram helped return an extra $2 million to Australian Wool Innovation’s coffers.
During last week’s annual general meeting in Sydney, NSW, AWI chairman Wal Merriman claimed the industry group was responsible for the improved demand for Australian wool due to the targeted marketing portfolio in 2015-16.”
QUEENSLAND COUNTRY LIFE – by Annabelle Beale – “The historic fall in superfine, traditional-type wool fleeces in the past two decades has European luxury fabric makers bidding large in an effort to stimulate a recovery of Saxon and Traditional fine crimping Merino wool.”
THE WEEKLY TIMES – by Nicola Bell – “WOOL growers still do not know how an online trade portal will be funded, despite Australian Wool Innovation giving it the go-ahead.
However, a costing, timing and business case for funding approval for the Wool Exchange Portal will be provided to the AWI board next April.
At the AWI annual general meeting in Sydney last week growers were told the board had accepted the recommendation by the WEP steering committee to create the portal.”