An overcapacity of machinery used in wool manufacturing is surely partly responsible for the exaggerated magnitude of the falls the market has seen.
James Burge said it is about improving the numbers of lambs on the ground, and increasing the kilograms of lamb produced per hectare.
There have only been two instances where the EMI has moved more than 100c/kg in a single day, both of which occurred in the last six weeks.
Oberon's Gilmore family enjoyed success at the 2019 National Australian White Sheep Society's national show and sale at Dubbo on Thursday and Friday, taking out all broad coloured ribbons in both ram and ewe sections, and topped the sale at $4000 with two rams.
Opinion : WA MP Rick Wilson says not supporting the live export industry in Australia would be a backwards step for animal welfare.
Market analysts have been warning of price volatility in the wool market and their predictions were proved correct at this week's sales.
Reduced domestic production in the United States has added another positive to the outlook for Australian lamb exports.