SCOOP BUSINESS – Press Release: New Zealand Wool Services International – “New Zealand Wool Services International Limited’s Marketing Executive, Mr Nathan Arthur reports that the South Island offering of 6,820 bales saw a small price increase compared to the previous NI auction with 73 percent selling. A smaller offering, after 11% being withdrawn before the sale, combined with a more stylish selection helped prices firm locally.”
THE WEST AUSTRALIAN – “Australian Wool Innovation has appointed Jane Littlejohn as general manager, research.
Dr Littlejohn, who will replace Paul Swan, previously held the role of general manager, on-farm research at AWI.
AWI chief executive Stuart McCullough said Dr Littlejohn was well- known to woolgrowers.”
T.EVO TEXTILE EVOLUTION – by Tommy Lee – “HARROGATE – New innovative uses of wool are key to future growth of the British wool industry, according to speakers at the 86th International Wool Textile Organisation (IWTO) conference. Stacey Dove reports from Harrogate, UK.”
SHEPPARTON NEWS – by Libby Price – “The official word on the sheep industry is that it’s had a ‘‘blistering start’’ to the 2017 season.
That’s a direct quote from the latest Australian Sheep Update released by Rural Finance, which shows that the national trade lamb indicator price averaged 14.5 per cent higher in the first quarter of this year than in the final quarter of 2016.”
QUEENSLAND COUNTRY LIFE – by Annabelle Cleeland – “GONE are the days Australia’s flock tracks over 100 million head, as a new equilibrium flock size for the country has been set between 70 and 77m.
Despite record high slaughter rates for four consecutive years, the national flock size has been relatively stable for the past eight years, according to Australian Bureau of Agriculture and Resource Economics and Sciences senior economist Caroline Gunning-Trant.”
THE WEEKLY TIMES – by Jamie-Lee Oldfield – “WOOL prices fell slightly last week, in what was the first offering of more than 50,000 bales since January.
The higher offering came on the back of the mid-term break, and resulted in the Eastern Market Indicator dropping by 11c/kg, to finish the week at 1501c/kg.”
THE AUSTRALIAN – by Glynis Traill-Nash – “You’ve heard of single-origin coffee. Now meet the single-origin suit.
Menswear company MJ Bale has introduced an Australian first this week in the Kingston Collection, a range of suits created solely from wool grown on one property, Tasmanian farm Kingston.”
STUFF BUSINESS DAY – by Nicholas Boyack – “One of Lower Hutt’s most successful and high-profile businesses is looking at a restructure that could cost 40 jobs.
Woolyarns is looking at closing its carpet, hand-knitting and sourced yarn operations, in order to focus on fine woollen yarns.
If the restructure goes ahead, the company says up to 40 positions could become redundant, or could change, at its factory and offices in Wingate. Ninety people work for the company.”
ABC NEWS – RURAL – by Cara Jeffery – “After just two years on the boards, 23-year-old Riverina shearer Nicki Guttler has set some impressive tallies.
She can now shear 205 crossbred lambs a day or 130 head when she is tackling Merino ewes.
Ms Guttler hails from a mixed farming property near Lockhart and started off as a woolhandler before she took up the shears.”
THE WEST AUSTRALIAN – by Rueben Hale – “The softening wool market has been blamed for an almost 1000-bale shortfall at the Western Wool Centre last week.
The Australian Wool Exchange raised hopes of the biggest wool offering in 51/2 years, but many sellers lost their enthusiasm to help hit the 13,842-bale target after prices fell by 20-40c/kg.”