With only four wool sales remaining before Christmas we are nearly to the halfway point of our auction selling season 2019/20.
Market fundamentals continue to build against any potential surge in short to medium-term wool prices.
Growers continue to withdraw or add their new season consignments to broker warehouse stocks and this is occurring in parallel with ongoing sluggish and sporadic demand.
The market is looking for direction as it continues its up one week and down the next pattern.
Many growers have completed their lamb shearing programs.
One of the main quality parameters to concentrate on lambswool preparation is the removal of skin pieces as this continues to be a major complaint from spinners around the world.
If skin pieces remain then they lead to strength issues within the yarn and also evenness of yarn colour following the dying process.
Lambswool is commonly dyed into pastel and light shades so degree of whiteness is of high importance to the market so they can achieve the end result.
Many of our breeding clients are now putting out their rams so a friendly reminder to keep records of which rams go into each mob for future reference.
Most clients are reporting better paddock feed levels than this time last year, however, we all continue to operate on lower than average production and need to be careful with regard to stocking rates as rain forecasts remain below average into 2020.
KareeWool continues to grow and we are excited about the opening of our new purpose built wool handling facility based in Goornong.
It is available by appointment only and is being used as an accumulation and storage depot with re-handling space for bulk class and lightweight bales.
We see a fantastic opportunity going forward as we strive to roll out our innovative solutions coupled with a cost effective path to market.
- Alister Carr is the owner/operator of KareeWool.