WOOL grower-owned Graziers Investment Company Ltd is on track to be wound up this year, with an estimated $20 million in assets to be distributed to shareholders.
VICTORIAN wool grower and stud breeder Rod Miller has come home from a tour of the Chinese wool-processing and retail sectors with his batteries charged.
FINE wool prices surged by up to 100 cents-plus in auction this week as the Australian market continued its bull run. Clips continued to come out of on-farm and broker storages and brokers advised against woolgrowers shearing too early to capture the high prices, as the AWEX Eastern Market Indicator rose by 26 cents to a new historical peak of 1546c/kg clean this week.
DIVERSITY has helped promote Australian lamb and now the diverse nature of the nation’s wool clip is becoming an important market factor.
AUSTRALIA’S top wool research, development and marketing body will lose its general manager of research Dr Paul Swan in April.
WOOL prices surged higher into record territory this week, with the benchmark AWEX Eastern Market Indicator lifting 51 cents to peak at 1500c/kg clean.
AUSTRALIAN wool has shown its versatility to hundreds of thousands of textile manufacturers, retailers and designers and consumers at recent key global trade events in the northern hemisphere.
SOLID demand boosted by new business continued to push Merino and crossbred wool prices higher at auctions this week.
SHEEP producers can now do instant energy estimates on paddocks with the latest version of the popular Lifetime Ewe Management smartphone app.
FINE Merino wool under 18 micron and crossbred fleece sold dearer as the auction market generally firmed this week. AWEX’s benchmark Eastern Market Indicator lifted 3 cents to close at 1440 cents, with brokers passing in 7.6 percent of the 44,938-bale offering.