Melbourne Weather - Mostly cloudy
Now
Max
Melbourne, VIC
Mostly cloudy

Editor's Pick

Wheat woes: share the blame
MANY bear responsibility for potential loss of control over the wheat trade, writes Andrew Farran.
After two years, the North West Dairy Focus Farm project is drawing to a close.
Small dairy co-op doing big things
IN 2002, group of organic dairy farmers got together and formed one of Australia's newest, and perha...
TasFmr

Latest Comments

light grey arrow You may be right, gabriel: the planet "rebalancing itself in favour of plant...
light grey arrow Good idea. Part of the aid money should be used to build post entry...
FOL Mach House Ad
Win a Casterton Kelpie
YOU could win a Casterton Kelpie - the prize pup “Go Getta Law” is valued up to $3000. To enter, rea...
Stock & Land eReader
Download the new Stock & Land eReader!
Horse Deals May issue out now
Horses for sale plus hours of great reading.
 News  light grey arrow  Agriculture  light grey arrow  Livestock  light grey arrow  Sheep Wool  light grey arrow  New Year cheer for wool growers 
CONVERSATIONS
Comments on this article
The land comments
0

New Year cheer for wool growers

Print
Increase Text Size
Decrease Text Size
18 Jan, 2013 03:00 AM
Elaine wool grower Tim Wells, with grandsons Jack and Cooper Jones, inspect a clip of the 14.8 micron wool which sold at 1449 cents/kilogram.

Elaine wool grower Tim Wells, with grandsons Jack and Cooper Jones, inspect a clip of the 14.8 micron wool which sold at 1449 cents/kilogram.

SELLERS left the Wool Stores at Melbourne last week buoyed by new-year price rises, with gains on all three day’s sales.

The sale of more than 10,000 bales on Wednesday, part of a slightly larger offering than the same week last year, had largest rises of 14-19 cents in the 17-20 micron range.

Tim Wells, from Windy Hill, Elaine, about half-way between Geelong and Ballarat, was happy with his day’s returns on Wednesday, part of an 11 cents per kilogram rise following a 20c/kg boost the day before.

“If we could guarantee something like that for three to five years, it would be good for all wool-growers,” he said.

Mr Wells’s top-priced, 14.8M Merino wool bale sold for 1449 cents/kilogram greasy to Sky Wool, with another two bales of 15.5M fleece selling at 1380c/kg.

Mr Wells averaged 1039c/kg and 17.0M over his nine lots, and sold three more bales than last year, with all heavier.

“Production was down a little bit, but quality up a mile,” he said.

Restocking after the dry spell, the Wells currently have a 1400-head flock.

Western District producer David Linke also left satisfied, topping at 1016c/kg greasy for a 17.6M bale, yielding 73.3 per cent.

A bale of weaners’ wool also sold to 1016c/kg, with an average over nine lots of 978c/kg for the fine-wool Penshurst grower.

Mr Linke said his fleece had averaged 18.8M this season – a micron finer than last year – with prices up.

“The finer side could have been a little better, but (I’m) very happy, I think we might have been better than last year’s prices,” he said.

Mr Linke offered a total of 113 bales (including lambs’ wool), 27 bales less than last year, and said the season was to blame.

“From October 2011 to April 2012 there was hardly any rain, then (we had) a very wet winter – which was tough on stock – and it dried up again last spring,” he said.

Arcadian Wool’s Graeme Cameron said some of his clients tended to target the sale, and the opening market was positive across all micron categories, with high-quality fleeces presented.

“The sheep cut well, the Newtons were good on them, yield was high – the growers can’t do much more,” he said.

“Some of our super fine clients did get a bit of support from New England (Wool), and I hope that continues.”

Landmark’s Phillip Lipscombe said it was a very strong opening to the market.

“(It was) a large offering, and an even larger offering (this) week,” he said.

POST A COMMENT


Screen name *
Email address *
Remember me?
Comment *
 

Cropping

FARMERS currently harvesting sorghum crops across southern Queensland and the Liverpool Plains are pleased with the way prices for the feed grain are holding up.
FARMERS currently harvesting sorghum crops across southern Queensland and the Liverpool Plains are pleased...
TRADERS in the grain market remain focused on the North American corn crop, which is in the last few weeks of its planting season.
TRADERS in the grain market remain focused on the North American corn crop, which is in the last few weeks...
THE ISSUE of optimum sowing dates is something that is intensely scrutinised among the farming sector.
THE ISSUE of optimum sowing dates is something that is intensely scrutinised among the farming sector.

Machinery

PARKLANDS have released a new wood chipper just in time for the colder months.
PARKLANDS have released a new wood chipper just in time for the colder months.
AGCO Australia has merged with the GSI Group - a global supplier of grain storage, material handling, conditioning and drying solutions.

Wool

THE Eastern Market Indicator (EMI) has jumped 30 cents this week, pushing above 1000c a kilogram for the first time in four weeks.
THE Eastern Market Indicator (EMI) has jumped 30 cents this week, pushing above 1000c a kilogram for the...
THE wool market kicked 26 cents a kilogram last week and industry experts are tipping this upward trend could continue.
THE wool market kicked 26 cents a kilogram last week and industry experts are tipping this upward trend...

Livestock

LANDMARK Chinchilla auctioneer Terry Ryan said early selling at today's Dalby cattle sale indicates a rise in the market.
LANDMARK Chinchilla auctioneer Terry Ryan said early selling at today's Dalby cattle sale indicates a rise...light grey video
WIDESPREAD dry conditions have bolstered Australian lamb exports to a record high of $271 million for the first quarter of 2013.
WIDESPREAD dry conditions have bolstered Australian lamb exports to a record high of $271 million for the...
QUEENSLAND Liberal MP Warren Entsch is seeking to export 150,000 head of Australian cattle into Papua New Guinea (PNG) using a share of AusAID funding, to help resolve the current emergency cattle feed crisis.
QUEENSLAND Liberal MP Warren Entsch is seeking to export 150,000 head of Australian cattle into Papua New...

Agribusiness

BILLIONAIRE Warren Buffett is not waiting around to see how ADM's ambitious GrainCorp bid will work out - he has quit his ADM shareholding for about $US207m.
FARMERS say US corporate raider Archer Daniels Midland (ADM) is clearly uncomfortable with calls to have port operators free up their exporter access rules at Australia's seaboard grain terminals.
FARMERS say US corporate raider Archer Daniels Midland (ADM) is clearly uncomfortable with calls to have...

Horticulture

Fruit Growers Tasmania will host over 200 delegates at their annual May conference which starts in Hobart later this week.
INDUSTRY will have to pay for increased roadblocks entering South Australia in response to a heightened risk of fruit fly infestation, according to Agriculture Minister Gail Gago.
INDUSTRY will have to pay for increased roadblocks entering South Australia in response to a heightened...
 SEND...
 SAVE...
 SHARE...