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Wool prices lift for smallest seasonal bale offering

Terry Sim, 23 June 2017

WOOL prices surged for the smallest seasonal bale offering this year at auctions in Sydney and Melbourne this week. The AWEX Eastern Market Indicator rose 27 cents to 1533c/kg clean as brokers offered 22,298 bales.

$A / $US

Updated 7am daily

Today 0.9397

Source:
NAB

Forward prices for wool expected to contract next week

23 June 2017

IT was an interesting week on the wool forwards market. Volume was moderate in a week where unprecedented spring levels where paid.

Old lamb prices fall, but new season lambs make 660-700c/kg-plus

21 June 2017

SALEYARD lamb prices fell further early this week and some processors dropped over-the-hook lamb and mutton rates as supply and quality declined. However, early new season lambs are still making to 700c/kg in saleyards and more than 800c/kg online through AuctionsPlus.

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