AUSTRALIAN WOOL INNOVATION – Wool market review – week ending 23 September 2016 (Week 12)
THE SCOTTISH FARMER – ” A SWITCH in fashion styles in China has reduced demand for New Zealands’s longer-fibre crossbred wools, generally found on its Romney cross sheep, to finer, Merino-type fleeces.
New Zealand wool services chief executive, John Dawson, said: “As incomes in China rise, buyers are becoming more discerning.”
Longer wools, from 75mm to 125mm and over, are the most affected. China’s Nanjing wool market fair will be held in the next couple of weeks, and the NZ industry will be looking to this to work out if these changes are long-term, and structural, or due to temporary changes in market demand.”
FARM WEEKLY – by Jodie Rintoul – “WITH plenty of feed in the paddocks after a good season and a positive outlook for the sheep and wool industry, producers will not want to miss this year’s Elders Corrigin-Wickepin Circuit sale if they are looking for quality breeding ewes.
Boasting the tag line “Top of the Drop Special Ewe Sale” the sale on Monday, October 3 will feature a first class line-up of breeding ewes ranging from young ewes aged 1.5 years with their whole breeding life in front of them through to mature matrons in the 4.5 to 5.5yo age bracket.”
FARM WEEKLY – by Kane Chatfield – “THE record books were rewritten at the annual Wyalkatchem and Districts Merino Breeders’ Association ram sale last week with the Olinda stud selling a poll ram for $17,200.”
FARM WEEKLY – by Linda Sharman – “BUYERS once again came from far and wide to secure quality genetics at the Corrigin Ram Breeders Association annual ram sale on Monday, pushing bids to a top of $3000 twice from the Poll Merino offering.
A total of 143 stud and specially selected rams were offered by three regular vendors, with 122 sold under the hammer at a healthy average of $867, albeit slightly lower than last year when the clearance rate was also lower.”
FARM WEEKLY – by Jodie Rintoul – “THE Mullan family’s faith and investment in the Merino industry was well and truly rewarded on Monday when they hosted their first combined Eastville Park and Quailerup West on-property ram sale.”
FARM WEEKLY – by Linda Sharman – “GOOD seasonal conditions and optimism in the sheep and wool industry was once again reflected in the Cramphorne Merino and Poll Merino stud’s on-property ram sale last week.”
FARM WEEKLY – by Peter Henderson – “THERE was an air of optimism among buyers at the 37th annual Parakeelya Merino ram sale last week at Beacon which recorded an 87 per cent clearance under the hammer and a top price of $2200.”
THE WEEKLY TIMES – by Jamie-Lee Oldfield – “SHEEP production is a low volatility agricultural enterprise within capital reach for new farmers.
ANZ agribusiness manager Mark Bennett said with the price of lamb and wool, many producers wished they had stayed in sheep breeding, or had more numbers.”
RURAL NEWS – by Rural News Group – “Managing ewes for maximum survival and profitability is underpinned by four key profit drivers, says Australian livestock consultant San Jolly. Jolly, of Productive Nutrition, recently spoke about those profit drivers to producers at ‘Pastoral Profit’ workshops, held jointly by Meat and Livestock Australia and Australian Wool Innovation, in NSW and Queensland.”