The Australian wool market has continued to track downward this week, with losses felt across all merino microns and descriptions. After 10.3% of the national offering was withdrawn prior to sale, the total number of bales available to the trade reduced to only 22,094 bales. The drop in prices resulted in a national passed in...Read More
Here’s a great opportunity to buy local and generate much-needed activity in the Tasmanian economy. The dedicated Rural Youth volunteers are preparing to take the highly-acclaimed field days from the paddock to the cloud so that you can access endless special deals and links to a wide range of Agfest exhibitors, contractors, suppliers and sponsors....Read More
The Australian wool market has continued to retract this week, with general overall losses recorded across the country. The national offering was only 24,874 bales, in Sydney the weekly offering was 4,696 bales, this was the lowest weekly offering in North since AWEX records began (1997/98). Overall numbers continue to be well down on the...Read More
Week 42 was originally scheduled as an Easter recess week, however a decision was made by the National Auction Selling Committee (NASC) to schedule a sale, to provide another selling opportunity for growers wanting or needing to sell. Brokers were encouraged to only offer wool from genuine motivated sellers, in an effort to keep the...Read More
The Australian wool market has shown signs of improvement in this series, recording overall increases in all merino fleece types. Brokers actively encouraged only genuine sellers to enter the market, resulting in 22% of the offering being withdrawn prior to sale. This action had a twofold effect. Firstly, it reduced the overall offering, increasing demand...Read More
The Australian wool market has suffered major losses this week as concerns over COVID-19 rock the industry. Exporters have reported that due to border closures they are no longer able to ship wool into Italy and India, two major customers for Australian wool. They have also reported increasing difficulty obtaining finance during this difficult time....Read More
