THE RURAL – “THE yarding numbers were down to just 25,000 at the Wagga sheep and lamb sale on Thursday.
The lower yarding was attributed to the big rainfalls that were forecast for the region.
According to Meat and Livestock Australia’s National Livestock Reporting Service trade lambs were in short supply, while heavy lambs were in greater numbers this sale. “
THE WEST AUSTRALIAN – by Bob Garnant – “Kojonup Merino ewes reached a top of $186 a head as Elders conducted a strong commercial sheep sale with demand soaring for high rainfall-bred breeding stock.
The highly successful Elders Kojonup Special Ewe Sale was held last week on a day known in the US as Black Friday, the busiest shopping day of the year.
With Australian Merino producers dependent on northern hemisphere consumers’ up- take of woollen garments, there were high hopes for positive results at both ends of the globe.”
SHEEP CENTRAL – “The summer rainfall outlook issued by the Bureau of Meteorology this morning shows no strong swing towards a wetter or drier conditions for most of Australia.”
THE REP – “Port Elizabeth – The wool market traded lower yesterday and the Cape Wools Merino Indicator decreased by 3% and by 579 points to close at a value of R186,56 (Clean). The Australian EMI lost 0,8% this week. The Cape Wools All Wool Indicator declined by 3,1%.”
HAMILTON NEWS (NZ) – “Grower shareholders from around the country attended the Wools of New Zealand Annual General Meeting in Christchurch last week.
Chairman Mark Shadbolt and CEO Rosstan Mazey presented information about the company’s financial performance over the past 12 months, the challenges confronting the business and the company’s drive towards revolutionising the industry through a focus on R&D, the development of innovative technologies and product authenticity initiatives that will deliver significant commercial opportunities for shareholders, together with strategic priorities for the year ahead.”
NORTH QUEENSLAND REGISTER – by Annabelle Cleeland – “Australian Wool Innovation (AWI) is forging ahead with the launch of a digital wool selling system, despite rival service providers threatening legal action over ongoing data ownership concerns.”
FARMONLINE – by Annabelle Cleeland – “CRACKING the 100,000-head mark, AuctionsPlus has set a new record number of sheep sold online in one day.
Surpassing the previous record set in September by more than 10,000 sheep, 103,587 sheep and lambs were sold across five sales on Tuesday.”
RNZ – Business / Country – “Wool producers are struggling to get by as export values continue to plunge, a Marlborough sheep farmer says. The latest wool export data shows volumes rose 14 percent in the four months to October, compared to the same period last year.
But overall values are down 10 percent as prices for strong, medium and cross-bred wool keep dropping.”
SHEEP CENTRAL – by Andrew Marshall – “Historic NSW sheep property, “Raby”, at Warren, which will be split into four blocks following its sale last week by Hassad Australia.
South Australian aggregations “Glendale” near Clare, and “Ungarra” on the Eyre Peninsula have also been sold following a relatively short period in Hassad’s portfolio.”
THE RURAL – by Marty Moses – “WOOL prices fell by 14c/kg at auction sales with the eastern market indicator settling at 1669c.
Moses and Son principal, Marty Moses said after an unprecedented positive run upward, the change in the market could only be described as blip on the radar this week, as news of next week’s 51,982 bale offering.”