THE WEEKLY TIMES – by Peter Hemphill – “RURALCO Holdings has reported a record earnings in a year where its core businesses grew by 42 per cent and the company tightened its belt.”
SHEEP CENTRAL – “Ruralco Holdings has today announced record second half and full year earnings for the 12 months to September 30, 2017, headlined by a 95 percent rise in net profit after tax to $26.2 million.”
FARM WEEKLY – by Aidan Smith – “THE Heiniger Australia story was the topic of discussion at the Agribusiness Australia Breakfast at the Duxton Hotel in Perth recently.
Heiniger Australia managing director Gary Lyons presented an overview of the history of the 71-year-old, Switzerland-based company, its role in the shearing industry and how it developed its technology and business strategy to meet the changing market place.”
FARM WEEKLY – by Mal Gill – “WILL more wool price records be set this week?
That is the question wool buyers and sellers are asking after a strong fortnight of sales at the Western Wool Centre (WWC).
The Western Indicator (WI), calculated from prices across the micron range, ended last week just six cents shy of its August 17 all-time record of 1680c a kilogram clean. “
SUNRAYSIA DAILY – “A NEW online hub, new website and the launch of the new Android app highlight the latest opportunities for the popular Lifetime Ewe Management course (LTEM).”
THE WEEKLY TIMES – by Jamie-Lee Oldfield – “THE wool price forecast has risen further for 2017-18.
Australian Bureau of Agricultural and Resource Economics and Sciences’ latest quarterly update predicts the Eastern Market Indicator will average 1550c/kg — a rise of 10 per cent.”
SHEEP CENTRAL – “STRONG cattle and sheep prices and an expanded business network helped Elders Limited to almost double its net profit in the 2017 financial year, the publicly-listed agribusiness announced this morning.”
COOLUM NEWS – “AFTER years of working in shearing sheds, a Tasmanian woolhandler has been rewarded with the national champion crown.
More than 2000 sheep passed across the boards during this year’s national shearing and woolhandling championships, held as part of the Bendigo Agricultural Show.
Mel Morris, from Cressy, proved she was a cut above her competition in the woolhandling.”
NZ FARMER – by Gerard Hutching – “Prices for fine wool are on a high, in complete contrast to those for coarse crossbred wool which make up 90 per cent of New Zealand’s clip.
PGG Wrightson South Island sales manager Dave Burridge said the present demand for merino fine wool harked back to the 1990s period of “micron madness”, when it was then wanted for high-end suits.”
WESTERN MAGAZINE – by Will Chaffey – “Continuing to add to its record high, the Eastern Market Indicator reached 1,681c/kg, gaining 58 cents in last week’s market.
All micron indicators rallied strongly with one indicator in the South rising 125 cents in the two days of selling. In the North, the 17 micron indicator gained 34 cents to finish the week at 2,488c/kg, 19 micron found 37 cents to settle at 2,005c/kg and the 21 indicator gained 37 cents to reach 1,645c/kg.”