Wool Trade

No WoolQ revenue after $6.3 million spent over five years

AUSTRALIAN Wool Innovation has spent $6.3 million in growers’ levy funds on the WoolQ Market platform over the past five years but it has failed to generate any revenue, Senate Estimates was told yesterday…Read More

Terry Sim, March 24, 2021

AWEX should get out of wool welfare issues says Olsson

WOOL welfare statements should not be made on the Australian Wool Exchange’s National Wool Declaration, according to New South Wales wool grower Chick Olsson…Read More

Terry Sim, March 17, 2021

Chris Wilcox to retire from national wool brokers’ role

INTERNATIONALLY respected wool market analyst Chris Wilcox will retire as executive director of the National Council of Wool Selling Brokers of Australia next month…Read More

Sheep Central, March 9, 2021

Tasmania is National Wool Declaration leader, but WA lags

MORE than three quarters of Australia’s wool growers are completing the National Wool Declaration on their clip specis, with Tasmania leading the way with an uptake of more than 90 percent…Read More

Sheep Central, February 22, 2021

Latest analysis shows undeclared wool risks price discount

WOOL from sheep whose mulesing status is not declared has been discounted by up to 9c/kg recently and the price gap to non-mulesed wool is widening as the Australian auction market improves…Read More

Sheep Central, February 17, 2021

Low crossbred wool returns spark breeding direction questions

LOW bale return figures for crossbred and composite clips have led to prime lamb producers questioning the importance of wool in their enterprises, with some discussing cutting ewe fleece coverage to reduce shearing and crutching frequency…Read More

Terry Sim, February 1, 2021

Lamb and wool demand to stay steady into 2021 – Rural Bank

DEMAND for Australian sheep meat is expected to remain steady and wool prices are expected to steadily recover, in the first half of 2021, according to Rural Bank’s Australian agriculture outlook 2021…Read More

Sheep Central, December 16, 2020

Wool set for boost from cotton-synthetic price ratio comparison

RECENT wool price levels compared to synthetic and cotton fibre values should support demand for Australian wool by garment markers, weavers and knitters, according to leading industry consultant Chris Wilcox…Read More

Sheep Central, December 14, 2020

Dispute prompts review of wool trading terms and conditions

A DISPUTE between Chinese top maker Redsun and Australian Merino Exports has prompted a proposal to review wool trading terms and conditions under the International Wool Textile Organisation…Read More

Terry Sim, November 27, 2020

Australian Merino Exports rejects Chinese top maker claims

WOOL exporter Australian Merino Exports is continuing to trade into China despite accusations being circulated by Chinese trade bodies on behalf of disgruntled top maker Redsun Wool…Read More

Terry Sim, November 25, 2020

National wool broker award postponed till 2021

AUSTRALIA’S prestigious wool broker award has been postponed until next year due to COVID-19 pandemic travel restrictions…Read More

Sheep Central, November 25, 2020

RCEP agreement to deliver tariff reduction for processed wool

THE new Regional Comprehensive Economic Partnership agreement is expected to bring some benefits to the Australian wool industry value chain and for sheep meat exports…Read More

Sheep Central, November 18, 2020

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