Vernon Graham

Last financial year was another record-breaking affair for both lamb and mutton exports with big increases in sales to the US and China.

Australian wool production is poised to shrink yet again during the coming selling season.

Luxury retailers selling premium woollen clothing are also feelingthe pinch, says IWTO.

Wool prices have continued to dip today but losses were less than half yesterday's fall as growers withdrew more clips from sale.

NT cattlemen say veto powers on non-pastoral use permits unnecessary and holding back ag development in the Top End.

The US-China trade war is having a damaging impact on Australia's wool market which depends heavily on demand from China.

The Australian wool market is in danger of becoming a casualty of the US-China trade war.

Buyers were in retreat at the second sale after the three-week winter recess.

Trade tensions between China and the US impacted on wool prices during the first sale after the winter selling break.

Australia's sheepmeat exports dipped in July as a result of reduced production and soaring sheep and lamb prices.