FORBES.COM – by Declan Eytan – “For the 2017 edition of the International Woolmark Prize Final – the annual event that promotes the use of wool through an initiative which puts a spotlight on the next generation of fashion designers – the contest went back to where it all started back in 1953: the city of Paris. Australia-headquartered The Woolmark Company – notorious for promoting and certifying high quality (Australian) wools – has seen previous International Woolmark Prize winners in the form of Karl Lagerfeld, Yves Saint Laurent, and more recently the duo behind NYC streetwear brand Public School.”
SCOOP INDEPENDENT NEWS – Press Release New Zealand Wool Services International – “New Zealand Wool Services International Ltd’s Marketing Executive, Mr Malcolm Ching reports that restricted demand and the stronger New Zealand dollar, coupled with seasonal higher wool flows over coming weeks pushed local prices down significantly.”
TAVISTOCK TIMES GAZETTE (UK) – by Sam Hughes – “A FATHER and son sheep shearing team has jetted off to New Zealand this week to represent England in the World Sheep Shearing Championships.”
STOCK & LAND – by Catherine Miller – “SA’s fine woolgrowers are celebrating their best returns in at least five years, receiving $2000 to $2400 a bale.
Last week the Eastern Market Indicator hit a record 1079 cents a kilogram, largely driven by rises in the 18 micron and below categories.”
ICELAND REVIEW – With sheep returning from the highlands in September, it’s time for the sheep farmer’s “harvest”. Lambs are nice, but now they are bound for slaughter, and the proceeds will pay the bills. However, last autumn, Icelandic sheep farmers experienced a nasty surprise. On short notice, the country’s slaughterhouses announced they would reduce their payments for baby lamb by 9.5 percent and those for yearling mutton by 33.6 percent. Older mother sheep would even bring 40 percent less. Many sheep farmers said to themselves, ‘Give me a break!’
ABC RURAL – by Amy McCosker, Courtney Fowler and Joshua Becker – “Wool producers across Australia are celebrating as the market continues to maintain strong prices after reaching record levels.
Last week, the Eastern Market Indicator (EMI) — Australia’s wool market benchmark — hit an historic new level of 1439 cents a kilogram on Wednesday night and then dipped back to finish the week at 1434 cents a kilogram.”
FINANCIAL REVIEW – by Georgina Safe – “IN 1954, a shy young Frenchman with glasses and an earnest young German with a pompadour won prizes as part of the International Wool Secretariat awards in Paris.
Yves Saint Laurent collected his award for dress design, while Karl Lagerfeld won the coat category in the Australian competition, judged by a panel including Hubert de Givenchy and Pierre Balmain.”
SOUTHERN WEEKLY – by Laura Griffin and Nikki Reynolds – “A SALEYARD statement: “there wouldn’t be a woolly sheep in the Riverina at the moment,” certainly held truth.
With market aligning for wool, prime lambs, first-cross ewes and replacement stock it is shaping up to be a bright time for the sheep industry.”
OTAGO DAILY TIMES – by David Loughrey – “A small Strath Taieri community with a reasonably recently formed young farmers club is set to run its second speed shearing event.
The second Strath Taieri Young Farmers speed shear competition is scheduled for Saturday week.”