MOST Australian wool prices held relatively firm this week despite a higher $A-US exchange rate, as buyers secured supplies before the annual three-week recess.
FORUMS aimed at boosting carcase value, and lamb and wool production per hectare will held across Australia next month.
AUSTRALIAN wool prices held their ground despite increased supplies on the auction market this week. AWEX’s rebased benchmark Eastern Market Indicator closed the week down one cent to 1524c/kg clean.
AUSTRALIAN wool prices finished at a record season-ending level this week, despite buyers pulling Merino rates back in expectation of larger auction offerings next month.
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.
NEW England sheep and cattle breeder Martin Oppenheimer states why he believes Australian Wool Innovation should not start nor be even a part-owner in its proposed Wool Exchange Portal.
AUSTRALIAN sheep producers have flocked to implement the early findings of a national lambing density project, but more collaborators are needed for the latest on-farm phase in the crucial lamb survival research.
RENEWED European interest in quality superfine wool and Chinese demand for medium Merino lines with lower vegetable matter content pushed prices generally higher this week.
WOOL grower-owned Graziers Investment Company has declared no monies owed or due to Australian Wool Innovation following a past bail-out arrangement between the companies over GIC assets in India.
RENEWED demand for quality Merino wool mid-week lifted prices at auction this week. The AWEX Eastern Market Indicator closed six cents higher on 1478c/kg clean, brokers passing in 9.1 percent of the 24,018-bale offering in Sydney and Melbourne.