SHEEP CENTRAL – “AUSTRALIA’S wool market has weathered its first post-Brexit sales this week, with medium Merino micron price guides lifting 15-50 cents, and especially in the Fremantle sale.”
THE RURAL – by Marty Moses – “SOARING demand caused the wool market indicator to increase by 14c/kg.
The Australian Wool Exchange Eastern Market Indicator (EMI) closed the week at 1297c/kg which is just 7c/kg short of a record. “
ABC RURAL – by Sarina Locke – “Wool market analysts at Mercado says the decision by Britain to leave the EU creates a huge uncertainty for the wool market.
The wool market is currently 5 per cent higher than the same time last year.”
SCOOP INDPENDENT NEWS – Press Relase NZWSI Weekly Wool market Report – “New Zealand Wool Services International Limited’s Marketing Executive, Mr Malcolm Ching reports that a varied selection and stronger New Zealand dollar saw winners and losers for the 10,900 bales on offer at this weeks’ South Island auction. 66 percent sold with the majority of the passed-in lines containing higher degrees of vegetable matter, reflecting limited interest in these wools currently.”
THE LAND – by Annabelle Beale – “THE Woolmark Company is planning a global roll-out of the student design competition Wool4School program, following last year’s successful Hong Kong launch.”
FARM WEEKLY – by Annabelle Beale – “CHINA’S textile industry is undergoing palpable change as a result of the signing of the trade agreement between 12 Pacific Rim countries.
Despite the Trans-Pacific Partnership stalled by the United States presidential and congressional elections, the impact has already been felt by China, as many countries apart of the agreement threat a power shift in the world’s textile industry.”
NZ FARMER – “Europe’s unrest has been felt with wool prices going backwards for the last sale of the season at the Christchurch wool sale yesterday.
High intakes of wool coming forward over the last month and limited Chinese demand resulted in a difficult market, especially for wool containing higher levels of vegetable matter, second shear and lambs’ wool.”
THE WEEKLY TIMES – by Alice Pohlner – ““A FAR cry from where we were last year” was how St Helens wool producer David Rowbottom described his wool prices at the Australian Wool Exchange in Melbourne last week.”
THE WEEKLY TIMES – by Dale Webster – “AUSTRALIAN sheep producers need to start preparing genetically for a mulesing-free industry, a New Zealand-based researcher has warned.
Mark Ferguson, of New Zealand Merino, told the audience at the Best Wool/Best Lamb conference in Bendigo last week the practice was expected to be illegal in that country by the end of the year.”
THE WEEKLY TIMES – by Jamie-Lee Oldfield – “AFTER 50 years in the livestock agency game, Peter De Garis will give it away this week.
But the stalwart of the South East South Australia livestock industry won’t be far from the action, with plans to spend more time at the family’s farm.”