A small offering delivered a lift in Australian wool prices in the past week.
The Australian wool market experienced another strong week on the back of small volumes available globally.
THE wool industry’s head honcho Stuart McCullough believes the newly announced development of the $3.6 million Wool Exchange Portal will be transformative to the industry.
One of the country’s largest buyers of wool is bypassing the Australian auction system in favour of direct contractors with woolgrowers.
Australia’s meat quality assurance scheme is set for an overhaul with on-farm biosecurity and animal welfare practices set to be included in the Livestock Production Assurance (LPA) this year.
The century-old wool selling system is set to be digitally disrupted with Australian Wool Innovation splashing $3.6 million to build and launch an online wool exchange platform.
Superfine wools continue to come back to the pack, with medium Merino prices slightly cheaper during the past week.
Mutton's crazy prices is just the tip of the iceberg of what’s to come this winter, with analysts forecasting a 610 cents a kilogram peak.