FARM WEEKLY – by Brad Thompson – “RECORD prices, good seasons and cheap money.
In 175 years of farming in New South Wales, the McGufficke family reckons they have never had it so good.
Australian agriculture is riding high on the back of unprecedented wool prices, driven by demand from China and shifts in the global textile industry.”
THE WEEKLY TIMES – by Alice Pohlner and Lyndal Reading – “THE wool market is expected to open strongly this week following a record-breaking finish to last year and an expected shortage of supply.
The Eastern Market Indicator finished at 1760c/kg clean before the Christmas break.”
SBS NEWS – by Rena Sarumpaet – “Amid record international wool prices, Australia’s long-struggling wool growers are asking themselves if they should finally be feeling comfortable.
International prices for wool – for a century Australia’s most lucrative export commodity – soared to new highs in 2017, peaking at 1700 cents per kilo on the Eastern Market Indicator.”
THE SOUTHLAND TIMES – by Jenny Campbell – “The Northern Southland Community Shears provided early practice for shearers competing in last year’s World Championships in Invercargill, so organisers are predicting entries to be down at the annual event next week.
However, the usual keen competitors from the North Island and a strong showing from the south should be on hand to ensure they get in to competition mode for the new year circuit, gaining points to compete at the Golden Shears in Masterton in March.”
NORTH QUEENSLAND REGISTER – by Sally Cripps – “Seeing the world of wool production through the eyes of its growers has been one of the inspirational experiences given to the Meandarra wool-classer travelling Australia on a mission to showcase the industry to the world.”
FASHION UNITED (India) – by Prachi Singh – “Tata Cliq Luxury, Tata Group’s ecommerce platform has partnered with The Woolmark Company. The company said in a statement that this unique venture between the two companies is a step towards creating awareness about Merino wool, a luxurious and natural fibre from Australia, among the Indian consumers. Through this association, Tata Cliq Luxury will be the exclusive retail partner in India for larger designer collections that integrate Merino wool in their garments and accessories, and for the International Woolmark Prize.”
WALCHA NEWS – by Ruth Schwager – “STUD Merino producers in the New England region are getting ready for their sheep and wool showcase, with the New England Merino Field Days (NEMFD) to be held on January 12 and 13.”
THE AUSTRALIAN – by Glynis Traill-Nash – “The countdown is on for the next big names in global fashion.
By this morning, two fashion labels will be $200,000 richer and on their way to global recognition and a slew of retail accounts.
New Zealand womenswear designers Madeleine Harman and Jessica Grubisa of Harman Grubisa and Melbourne menswear designer Blair Archibald hope they might be the first to bring the International Woolmark Prize “home” to our region.”
ICELAND REVIEW – by Jelena Ciric – “Farmers around Iceland are showing increasing interest in breeding so-called ‘leader sheep,’ unique to the Icelandic breed, RÚV reports. Today leader sheep in Iceland number around 1000, and many farmers are working toward maintaining the special and useful strain.”
QUEENSLAND COUNTRY LIFE – by Annabelle Cleeland – “Woolgrowers’ move to capitalise on the lucrative wool prices has resulted in a five per cent spike in wool tested in the past six months.
Industry commentators have tipped this increase to growers’ choosing to shear flocks and sell wool earlier, in response to the high wool prices, rather than a lift in the nation’s wool production.”