Trade anticipates calm conditions for wool leading into the Christmas recess.
The federal government is launching an investigation into the finances of Australian Wool Innovation.
Two graduates have picked up roles in Australian Wool Innovation Graduate Training Program for 2022.
While other markets were bouncing all over the shop, the wool market showed relative calm and composure.
A surge in demand for yarn amid COVID-19 lockdowns has seen boutique woollen mills move to increase their output.
Increasing demand for Aussie sheepmeat as well as a forecast of strong seasonal conditions are underpinning a favourable mid-term outlook for the industry.
Lot 2 in Collinville stud's annual ram sale has made $88,000- an Australian Merino on-property record price.
A YOUNG medium wool ram from Orrie Cowie stud, Warooka, which won two major show ring accolades this season has sold for $40,000 in a private sale to Glenlea Park stud, Keith.
Glenlea Park stud, Keith and Pinnaroo, was again the pace setter at the 2021 Adelaide Merino ram sale topping the sale with its lot 1 ram.