AGRIMONEY – “A “collapse” in wool prices, and a failure yet by higher milk prices to spur higher dairy farmer spending, prompted PGG Wrightson to warn that its 2017 financial year will see a “tougher trading environment than 2016″.
The New Zealand based farm supplies-to-auctions group forecast that its operating profits for the year to the end of June next year would come in at NZ$62m-68m.”
QUEENSLAND COUNTRY LIFE – by Grant maudsley, AgForce General President – “With a population of about 1.4 billion, an expanding economy and a rapidly growing middle class, there is no doubt China is and will continue to be Australia’s most important export market.”
NORTH QUEENSLAND REGISTER – “WHEN it comes to the increasing consumer demand for sustainable wool production one of Australia’s leading wool-marketing organisations, Jemalong Wool, adheres to market signals.”
SHEEP CENTRAL – by Terry Sim – “IMPROVED on-farm footrot diagnostic tools could result from research and survey work underway by PhD candidate Nickala Best and her La Trobe University colleagues.”
QUEENSLAND COUNTRY LIFE – by Lucy Ziesemer – “Sheep and wool prices have experienced newfound optimism along with various other commodities and the results at the Wilgunya Merino ram sale on Thursday were testament to the market boost.”
STOCK & LAND – by Annabelle Cleeland – “WOOLBROKERS believe the record high declaration of animal welfare practices in wool production has been triggered by consumer pressure and a move to value-add clips.”
FINANCIAL REVIEW – by Matthew Cranston – “Australia Aulong Auniu, a subsidiary of China’s Dashang Group, has spent close to $90 million buying rural real estate in NSW with the latest purchase a $20 million station called Brindley Park.”
ABC RURAL – by Lydia Burton and Andrea Crothers – “With a resurgence of sheep in outback Queensland, contractors are struggling to find enough workers to keep up with the demand for crutching and shearing.”
THE WOOLMARK COMPANY – “Sponsored by the China National Textile and Apparel Council, an esteemed panel of industry experts reviewed more than 200 fabric submissions from local companies, universities, institutions and designers.
Jiangsu Sunshine Group and Shandong Ruyi Technology Group Co., Ltd were winners of the Best Merino Quality category, whilst Best Merino Innovation (Knitted) went to Zhejiang Steady Textile & Clothing Co., Ltd. and Jiangsu Danmao Textile Co., Ltd took out Best Merino Innovation (Woven), the former made from 100% Australian Merino wool and the latter more than 50% Australian Merino wool.”
STOCK & LAND – by Murray Arnel – “Merino young ewes met a better than expected demand selling to a sale high of $238 a head on two occasions at Deniliquin, NSW store sheep sale on Friday October-14th.”