QUEENSLAND COUNTRY LIFE – by Sally Cripps – “Wool length the talking point… “So long” was the comment, as soon as locks of lustrous greasy wool from south west Queensland were unwrapped and placed on the table at the Shanghai offices of Australian Wool Innovation in October.”
NZ FARMER – by Tim Cronshaw – “Merino farmers were bracing themselves for a market downturn but prices continued to rise at the Melbourne sale this week.
The small offering of 800 bales presented by the New Zealand Merino Company (NZM) contained a lot of hogget fleece and merino wool with high vegetable matter.”
SCOOP INDEPENDENT NEWS – Press Release – New Zealand Wool Services International – “New Zealand Wool Services International Ltd’s CEO Mr John Dawson reports that the North Island auction comprising 9400 bales, which was 2000 bales above anticipated roster, saw a 93 percent clearance with a continuation of targeted buying. With price levels at lowest levels for several seasons, buying activity from some sectors has been stimulated for specific types, resulting in price lifts for target wools, however there were further reductions for out of favour types.”
VOXY – Contributor Fuseworks Media – “New Zealand Wool Services International Ltd’s CEO Mr John Dawson reports that the North Island auction comprising 9400 bales, which was 2000 bales above anticipated roster, saw a 93 percent clearance with a continuation of targeted buying. With price levels at lowest levels for several seasons, buying activity from some sectors has been stimulated for specific types, resulting in price lifts for target wools, however there were further reductions for out of favour types.”
SHEEP CENTRAL – by AWGA chairman Robert McBride – “Australian Wool Growers Association chairman Robert McBride gives his opinion on the latest annual report from the industry’s levy-funded research, development and marketing body Australian Wool Innovation and suggests it is time to re-examine the worth of the annual levy paid by wool growers.”
STUFF.CO.NZ – Staff Reporter – “Iconic rural entertainers, The Topp Twins, are returning to Wanaka in March to help celebrate the 80th Wanaka A&P Show.
The popular sister-act last visited the Wanaka Show in 2010.
The two-day show attracts 40,000 people each year and is one of the South Island’s premier lifestyle, agricultural and pastoral events.”
THE COUNTRY (NZ HERALD) – By Iain Hyndman – “Whistle while you work is an old adage many sheep farmers may be clinging to as poor prices continue to dog the market.
Independent livestock commentator David Cotton was doing just that quietly in his head as he joined the shearers for a pre-Christmas clean-up.”
THE WEEKLY TIMES – by Jamie-Lee Oldfield – ” HIS “best wool sale for 25 years” made Mark Tonissen happy as Larry last week.
Offering just over half his annual clip at the Australian Wool Exchange in Melbourne, Mr Tonissen said it was a real pleasure for him and wife, Robyn, to see the wool sell this year.
And it was not so much the high price, but more so the good average over the 36 bales that was the best result.”
RADIO NEW ZEALAND – “The Chinese have disappeared from the wool market, leaving producers and companies worried about sinking prices, a broker says… Peter Tate, who is a wool manager for East Coast Wools, said the bulk of the wool produced was coarse crossbred wool, and prices were now about $3.95 a kilogram for clean wool, compared to September last year when it was reaching $6.91/kg.”
QUEENSLAND COUNTRY LIFE – by Annabelle Cleeland – “THE general manager of Australia’s largest wool manufacturer claims domestic gas supply is being choked by an export-focused “cartel” after the company was slumped with a 100 per cent increase in gas costs.
Victoria Wool Processors (VWP) general manager David Ritchie, Laverton North, Vic, felt the reverberations of the Australian Energy Market Operator’s warning of liquefied natural gas (LNG) supply shortfalls, as early as 2019, when the gas contract with Energy Australia would not be renewed for next year.”