AUSTRALIAN wool prices faltered this week as buyer interest in superfine wool waned, according to Landmark wool technical officer Phillip Lipscombe.
AUSTRALIAN wool prices rebounded this week, with medium and broad Merino wool lifting by up to 130 cents a kilogram. Landmark wool supply manager David Brook said it was a stunning reversal on the auction markets.
LIMITED supplies of quality trade and heavy lambs are driving saleyard prices to record levels and increasing processor grid rates as domestic and export processors struggle to fill orders.
NATIONAL agribusiness company Landmark will boost its sheep and cattle sales network with the acquisition of Victoria’s Crawford Dowling Pty Ltd from January 1 next year.
SHEEP and lamb producers in New South Wales and South Australia will be offered discounted electronic ear tags in response to an expected export processor preference for electronically-identified livestock.
SHEEP producers nationally have welcomed recent sustained rainfall, but the return of widespread wet weather has brought its own set of issues for some wool growers and brokers.
COMMERCIAL non-mulesed Merino growers were in a good position to take advantage of industry expansion, Marnoo stud breeder Ben Duxson said last week.
BRIM farmer Bernie Lindsay knows there is money in good sheep management after his two-year-old first cross ewes and lambs were sold for a record $456 at the Elders Wycheproof sheep sale last week.
EXTRA rams didn’t dull buyer enthusiasm for Poll Merino sires at the 28th Leachim stud sale at Snowtown, South Australia last week. The Michael family with selling agents Landmark sold all 228 rams offered for $2733, $18 up on last year. The family added 28 more rams to the original 200 catalogued just before the sale.
FARM services giant Landmark has consolidated its position as Australia’s biggest wool broker with the purchase of the Arcadian Wool business this month.