NZ FARMER – by Graham Butcher – “What is happening with wool? I had a session with a wool broker and worked out an average in-the-hand greasy value for main shear crossbred wool for this season, as of the last sale.
With a colour of 3.5, typical for this season, 73 per cent yield, 15 cents a kilogram sale costs – the in-the-pocket value is $2.15/kg and that’s for fleece. All of that is based on a clean auction price of $3.15”
BORDER CHRONICLE – “Local shearing expert Shannon Warnest received a great honor in his home town of Willalooka at Thursday’s Australia Day Ceremony.”
EYRE PENINSULA TRIBUNE – by Catherine Miller – “GUN Willalooka shearer Shannon Warnest, who visited Sims Farm at Cleve last year to work with local students, is in the form of his life, hoping to clinch a third world championship next month.”
SHEEP CENTRAL – “FINANCIAL assistance for up to eight Queensland wool producers to undertake the Agri-Business CEO Mentoring Program this year has been announced by the state’s government.”
QUEENSLAND COUNTRY LIFE – by Martin Bunyard – “Buoyant sheep and wool prices are allowing graziers to invest in more on-property infrastructure improvements.
Russell and Lyndell Neal, Caerleon, Tara, have recently begun building new sheep yards and also upgraded their sheep handling facilities.”
SHEEP CENTRAL – “WOOLTRADE saw reduced demand from buyers as the physical auction market corrected last week.”
QUEENSLAND COUNTRY LIFE – by Annabelle Cleeland – “THE percentage of wool levies being spent on marketing compared to research and development is under scrutiny as wool production fails to recover during a time of high returns.”
NZ FARMER – “The crossbred wool market lost further ground for all styles with lamb’s wool feeling the pinch at the Christchurch wool sale last week.
Little overseas activity, combined with Chinese New Year celebrations and political instability in corners of the globe, has resulted in hand to mouth buying orders. A rising dollar did not assist trading.”
NZ HERALD – THE COUNTRY – by Dave Murdoch – “Last year’s Dannevirke’s A&P Show shearing featured several international shearers who pushed the New Zealand contingent, one making the open final.
With the World Shearing Championships in Invercargill at the end of February and many top international competitors already touring shearing events, Jane Leogreen, organiser of Dannevirke’s show, hopes some will make it to on February 3.”
NZ HERALD – THE COUNTRY – “Prices continued their downward trend at last week’s South Island wool sale.
Reduced demand from overseas, as well as the impact of the Chinese New Year, was creating some “real concerns” within the industry, Roger Fuller, of CP Wool, said.”