SHEEP CENTRAL – by Terry Sim – “WOOL grower-owned Graziers Investment Company Ltd is on track to be wound up this year, with an estimated $20 million in assets to be distributed to shareholders.”
WESTERN MAGAZINE – by Will Chaffey – “Week starting 27/3/17
Although the Eastern Market Indicator held unchanged at 1,546c/kg after last week’s sale, there were some significant fluctuations throughout the offering.”
FASHION UNITED – by Meenakshi Kumar – “Woolmark wants to promote merino wool as a natural fiber and all-weather wear, even for summer. To this end it has approached India’s leading brands, retailers and manufacturers and been presenting merino as a great material for fashion garments and as being not only biodegradable and eco-friendly but also versatile since its unique property of moisture management makes it suitable for all seasons.”
MERCO PRESS SOUTH ATLANTIC NEWS AGENCY – FAULKLAND ISLANDS – “Falklands Landholdings, FLH, has managed an excellent 2016/17 wool clip in a year with bullish prices, reports the Penguin News latest edition. A total of 138,302 sheep have been shorn producing 342,980 kilos of clean wool and all packed into 2,653 bales over the last five months.”
THE WEEKLY TIMES – by Fiona Myers – ” BURGEONING demand should see 2016-17 wool exports break $3 billion for the first time in more than a decade.
The value of wool exports to the end of December totalled $1.462 billion. If the market follows its normal trajectory, that figure looks likely to rise above $3 billion by the end of the selling season in June.”
OTAGO DAILY TIMES – “The feature of the South Island wool sale on Thursday was the sale of a small amount of merino wool offered by Rata Peaks Station, Ashburton, CP Wool spokesman Roger Fuller said.”
OBERON REVIEW – “…Merino musings
ONGOING rises in wool auction prices are starting to cause a possible change of Merino breeding strategies.”
NORTH QUEENSLAND REGISTER – by Bruce McLeish – “THE overall market as measured by AWEX’s eastern market indicator was unchanged for the week in local currency terms, and down only 4c in US dollar terms, which was most people were expecting and wanting to happen.
However, the segmentation of the wool market continues and there were marked differences in the performance of the different micron categories.”
THE WEEKLY TIMES – by Jamie-Lee Oldfield – ” IF YOU aren’t planning on managing your data, don’t bother collecting it.
This is the sentiment of Achieve Ag’s Nathan Scott, who says the sheep industry needs to improve when it comes to data.
“Imagine working out with your cropping program how many tonnes of wheat you produce each year, don’t worry about what paddock it came from. Now we want to know what part of the paddock it came from.” “
XINHUANET – by Xinhua Writer Xu Haijing – “CANBERRA, March 24 (Xinhua) — When Bernard Wright retired from his position of clerk, the most senior official in the House of Representatives, four years ago, he began to run a family farm 140 km north of Canberra.
For the first time in four years, he was able to invest in a new yard and shed for the farm thanks to the increased revenue brought by the free trade agreement Australia has signed with China.”