AUSTRALIAN WOOL INNOVATION – Wool market review – week ending 25 January 2018 (Week 30)
THE WEST AUSTRALIAN – by Bob Garnant – “Australia’s weekly sale of wool broke through the $100 million barrier ($104.2 million) for the first time during last week’s national sales in Sydney, Melbourne and Fremantle.”
WESTERN ADVOCATE – by John Seaman – “LAST week’s schedule included a visit to a few merino studs that held quiet open days. Grandson Hamish Wood came with me as he is keen to see what changes are being made in some parts of our industry.”
SHEEP CENTRAL – “The February to April rainfall outlook issued by the Bureau of Meteorology this morning indicates a wetter three months are likely for Western Australia, while the month of February is forecast to be wetter than average for WA, southern Australia and parts of southern and central Queensland.”
FIBRE2FASHION – Courtesy: Barega Merino – “Price levels retracted across most wool types at Australian wool auction markets during the week ending January 25, despite the volume sold for the current season reaching beyond the 1-million bale mark. Merino fleece wools managed to hold on reasonably well, but all other sectors of were adversely affected during sale week 30 of the current season.”
AGRILAND – by Rachel Martin – “Two Northern Ireland sheep farmers have been nominated to replace outgoing British Wool Board chairman Ian Buchanan as the Northern Ireland rep of the national wool marketing body.”
FIBRE2FASHION – “Industry leader in product innovation and gear, 5.11 Tactical has partnered with The Woolmark Company to create professional uniforms for summer. The association will develop A Flex-Tac Poly/Wool uniform collection, comprising of men’s and women’s short sleeve and long sleeve shirts and pants. The collection will be unveiled at 2018 SHOT Show in Las Vegas.”
MANSFIELD COURIER – by Steve Vivian – “SPEAKING over the phone from the National Wool-Handling Competition, it doesn’t take long to figure Zack Currie’s passion for wool..”
PORT LINCOLN TIMES – by Jarrad Delaney – “The Australian wool market is still excited about the state of prices after six to seven weeks of strong performance.
Quality Wool national wool manager West Coast, Yorke Peninsula and Western New South Wales Glen Forbes said this year saw prices increase by 50 to 60 cents.”
SHEPPARTON NEWS – by Rodney Woods – “Wool prices reached a record high of more than 1800¢/kg recently thanks to strong demand from China.
Prices have been on the up since October, and Fox & Lillie Rural Victorian wool brokerage manager Eamon Timms said China made up 80 per cent of the market.”