QUEENSLAND COUNTRY LIFE – by Stephen Burns – “Controversy is not new to the wool industry: indeed an understanding of the history of producing wool in this country will show differences of opinion have long been a factor in driving it’s preeminent position.
Contention is not necessarily be negative, but can instead be a powerful force in lifting productivity.”
OBERON REVIEW – by John Seaman – “MANY management problems are evident across our Tablelands at present as “droughty” conditions affect many properties.
Landholders to the north of Bathurst face problems in feeding hay to livestock as many don’t own a tractor or loader and big squares or round bales are awkward to handle if the farmer and his wife have had a combined 140 birthdays.”
SHEEP CENTRAL – “ONLINE wool sales strengthened last week as demand increased through the physical auction market.”
STOCK & LAND – by Leann Dax – “The outlook for lamb remains strong as southern Victorian producers begin the annual turn-off in lambs in earnest.
Many Hamilton producers are just a few weeks from selling lambs in big numbers because of warmer conditions across much of central and western Victoria. The market looks set to remain strong into the critical selling time, as there has been a rapid decline in the quality of northern lambs.”
WWD – by Joelle Diderich – “The maker of merino wool men’s activewear hopes to add points of sale in Paris, Milan, London, Tokyo and Los Angeles.”
SHEEP CENTRAL – “Surface troughs produced thunderstorms with moderate falls in parts of the west, north and east of Australia. A persistent easterly onshore flow produced moderate to heavy falls over the north tropical coast of Queensland.”
SHEEP CENTRAL – by Terry Sim – “AUSTRALIA’S sheep sector has a new team of leaders after the election of the inaugural board of Sheep Producers Australia Ltd in Perth this afternoon.”
THE RURAL – “A TOTAL of 10,950 sheep and lambs went under the hammer at the Griffith market on Friday.
According to Meat and Livestock Australia’s National Livestock Reporting Service the usual buyers were present and competing in a dearer market.”
WESTERN MAGAZINE – by Bradley Jurd – “The Central West wool industry is reaping the benefits of surging demands, as wool in Australia traded for a record high of 1681 cents per clean kilogram in on Friday.
Thanks to surging exports demands to both China and Italy, wool has been rising in price since February.”
THE WEEKLY TIMES – by Lyndal Reading, Kate Dowler and Jenny Kelly – “AUSTRALIAN sheep producers are riding an unprecedented wave of “phenomenal” returns for wool and lamb.
Strong global demand has seen multiple records broken in the past week, with experts tipping the best may be yet to come.
In the past week:
WOOL’S benchmark Eastern Market Indicator hit a record 1681c/kg — up 58c/kg on the previous week and its highest level since it was launched in 1976.”