NEWS.COM.AU – by Trevor Paddenburg – “WA is enjoying a wool boom not seen since the hey days of the 1980s but the industry’s peak body warns the State does not have enough shearers to cope with the demand during the two peak seasons.”
THE COURIER – by Leanne Younes – “A Ballarat man who is learning to become a shearer says he is very grateful for the rural scholarship helping him change careers.
Blake Dridan, 26, is a qualified electrician but started rousing (working as a roustabout) in the sheds and then started to do some shearing.
Blake said he comes from the country and thought he would give shearing a go.”
AUSTRALIAN WOOL INNOVATION – Wool market review – week ending 23 August 2018 (Week 8)
THE STANDARD – “ST HELENS farmer David Rowbottom has been recognised for his contribution to the Australian wool industry.”
STUFF – by Pat Deavoll – “New Zealand’s high country merino farmers are seeing the best prices for their fine wool in years, to the detriment of their Australian counterparts.
Australian wool buyers are flocking across the Tasman to buy merino wool from New Zealand because the main sheep farming region of New South Wales has been severely affected by a long running drought.”
SHEEP CENTRAL – “
SHEEP CENTRAL – by Terry Sim – “AUSTRALIAN Wool Innovation is seeking to delay implementation of key recommendations from its latest governance and performance review until next year.”
FIBRE2FASHION – “The extensive gains of over 6 per cent in AUD terms seen in the previous week could not be sustained at the Australian wool auction this week, and the market was cheaper from the first lot put up for auction. The Australian Wool Exchange (AWEX) Eastern Market Indicator (EMI) shifted downward by 48ac clean/kg or 2.27 per cent to close at 2068ac clean/kg.”
STOCK & LAND – by Alastair Dowie – Northern Victoria Resource Manager, Mark Bailey, recently updated the 2018/19 seasonal determinations and outlooks.
Dr Bailey said Eildon has seen some really good inflows in the past two weeks.
He said the rainfall about a week ago produced a minor flood warning above Eildon on the Goulburn River.”
QUEENSLAND COUNTRY LIFE – by Bruce McLeish, Elders northern zone wool manager – “THE almost ‘necessary’ correction to the wool market is actually still yet to fully play out.
This week we saw the currency move against the fortunes of Australian exporters causing a deterioration in prices received with AWEX’s eastern market indicator falling by 48c to 2068c. However, in US dollar terms the market only eased by 18c, thus making sure that the correction for overseas customers was negligible. So, what the currency market gave to growers the previous week was again taken back.”