SHEEP CENTRAL – “MERINO wool prices dropped this week as buyers came to terms with fleece with high vegetable matter content and more prematurely shorn clips in a smaller offering.”
AUSTRALIAN WOOL INNOVATION – Wool market review – week ending 12 May 2017 (Week 45)
NORTH QUEENSLAND REGISTER – by Annabelle Cleeland – “WOOL buyers’ concerns about supply for the remainder of the season are raging as the forecast national offering dwindles.
Extraordinary prices this season has limited the volume of wool in storage, while seasonal conditions has delayed shearing. The result is less than 100,000 bales expected to be offered on the physical market in the next three weeks.”
WESTERN ADVOCATE – by Nadine Morton – “AUSTRALIA’S wool industry is booming, and long-time merino expert Stuart Hodgson is helping to inspire a new generation of young Bathurst agriculturalists to get involved.
Life in the industry hasn’t always been as good as it is right now, just ask Mr Hodgson who has been through the the floor price collapse of the 1990s and the 10-year drought from 2000-2010.”
SCOOP INDEPENDENT NEWS – Press Release: New Zealand Wool Services International – “New Zealand Wool Services International Limited’s C.E.O, Mr John Dawson reports that the slightly weaker New Zealand dollar compared to last weeks’ sale helped lift local prices.
Of the 6000 bales on offer, 78.0 percent sold.
The weighted currency indicator was down 1.35 percent week on week.”
ABC NEWS – RURAL – NSW Country Hour by Sally Bryant – “Trapping, baiting and fencing against dingoes is depleting Australia’s soils, according to university research released this week.
The University of New South Wales study has found dingo controls have resulted in a boom in kangaroo numbers, with more wide-reaching environmental effects than previously thought.
Associate Professor Mike Letnic said the impact extended beyond the implications for other flora and fauna of the region.”
THE WEST AUSTRALIAN – by Rueben Hale – “WA sheep prices have surged in recent months on strong demand and low supply.
The WA sheep industry has had a blistering start to 2017 with the WA heavy lamb indicator price up by 32 per cent compared with the same time last year.
WA indicators had shown local prices had tended to be lagging behind Victoria and the national average during most of last year, but in recent months the gap has narrowed and even surpassed the average in March.”
THE WEST AUSTRALIAN – by Cally Dupe – “Elders predicts healthy premiums for superfine Merino will continue well into next season.
The agribusiness company’s International Wool Report last week said the basis betweenJU superfine and medium wool had “probably reached its peak”.
But it also said healthy premiums would remain in place “unless the season was a disaster resulting in a huge increase in hunger fine merino”. “
THE WEST AUSTRALIAN – by Cally Dupe – “Corrigin brothers Richard and Tony Guinness have a mutual agreement for shearing they say has reaped dividends for them both.
Richard, who runs 3000 head of Merino, shears in September and Tony, who runs 2500 Merinos, picks up the clippers in February.
It’s an accord which works for the pair, who were busy shearing Merino rams when Countryman stopped in for a visit last week”
STOCK & LAND – “The Victorian Farmers Federation (VFF) Livestock Group has launched an awareness campaign, highlighting the seriousness of Q Fever as a drain on the industry’s supply chain.
The VFF estimated the livestock industry lost 1,700 weeks in productivity each year, and millions of dollars across the supply chain, due to a lack of understanding around Q Fever.”