Wool

Rural Bank’s Australian Agriculture Mid-Year Outlook 2023 report finds that favourable seasonal conditions and strong production over the first half of 2023 ensured strong winter crop establishment and pasture growth, particularly on the east coast, but despite a positive start to the year, softening commodity prices are now impacting Australian farmers following several seasons of strong prices.

Australia’s peak wool marketing body has welcomed strong demand for wool classing training at TAFE NSW Yass as the industry confronts a growing skills gap. TAFE NSW has seen demand surging for the Certificate IV in Wool Classing this semester, with record enrolments across a number of campuses in the region.

A recent analysis by EP3 of the wool market got me thinking about wool, which seems to be staggering around and yet again threatening to repeat its long term boom and bust cycle, despite what we are repeatedly told about the huge demand for clean green natural fibres.

Editorial. There is a certain romance about shearing. But, as in so many professions, there is a world-wide shortage of shearers. If you go back 30 years, there were some 10,000 working shearers. Today, there are 2,000 in the industry. But the Covid pandemic has done the industry a good turn, inasmuch as it has enabled young people out of a job to do the necessary training for a well-paid occupation, which shearing – while hard work – undoubtedly is.

Rural Bank Insights provides a monthly commentary on production and pricing trends for Australian agriculture, providing producers with a timely overview of current trends and an outlook for the coming months ... Cattle, cropping, dairy, horticulture, sheep, wool.  

Australian agricultural commodity prices took another downward turn last month with the NAB Rural Commodities Index* now 19.7 per cent below year-ago levels. Lower beef, lamb, canola, dairy and wool prices saw the Index fall 3.6 per cent month-on-month, according to the bank’s April Rural Commodities Wrap released on 26 April 2023.

119th Wagin Show and 50th Woolarama, 10-11 March 2023

Kristin Murdock. With the school year approaching an end, students have been busy finishing off projects ... Shearing and marketing of the lambs has also occurred recently, with Agricultural Studies students from all year levels taking part in the process.

Enjoy a trip through the pioneering days of the Australian wool industry at the Jondaryan Woolshed’s Back to the Woolshed event from January 26-28, 2023 ... “The three-day family event opens on Australia Day (Thursday, January 26, 2023) and runs across the following two days”: Toowoomba Region Mayor Paul Antonio

The future of fashion is transparent. One of the global leaders in traceability technologies, FibreTrace ®, are set to release a free digital traceability solution to the textile industry, which maps the global textile supply chain from fibre to retail.

Darkan Sheepfest

In the past decade, we have been able to sell our wool from unmulesed sheep direct to Norway and the UK (Yorkshire), as our wool meets all their requirements. As with food, the ethical provenance of fibre is becoming an essential marketing tool.   At a basic level - we give the customer what they want.

Gabrielle Duykers. A “poignant” and “emotional” textile work has taken home the 2021 Tatiara Art Prize and is now on public display at Walkway Gallery. The winning work, ‘The Shortest Day of the Year', comes from artist Deborah Prior and tells the story of family connections as inspired by her grandmother. Made from vintage Australian woollen blankets, the beautifully crafted piece also represents the wool industry and its critical connection to regional and remote communities.

A survey of Leading Sheep’s network of Queensland sheep and wool businesses found industry collaboration and information sharing helps facilitate improved flock, drought, and business management changes for producers.

The commodity price boom – which has seen some agricultural commodities rise to seven-year highs in recent months – has “rubbed off” on the wool market with prices recovering from last year’s lows, albeit not to the same heady highs, according to agribusiness banking specialist Rabobank.

Agricultural commodity prices continue to perform well for Australian producers with cattle prices the most compelling after the benchmark Eastern Young Cattle Indicator (EYCI) surpassed a record 900c/kg in April. The NAB Rural Commodities Wrap, released today, reports trends in global grain markets point to encouraging news for Australian grain growers, while wool prices continue their upward trend.

Sheep Producers Australia and WoolProducers Australia have today released the world first Australian Sheep Sustainability Framework (SSF). The SSF was initiated by Australia’s sheep industry leaders to demonstrate our sustainable practices, identify areas for improvement, and better communicate with customers and consumers. The framework lists 21 priorities across the four themes - Caring for our Sheep; Enhancing the Environment and Climate; Looking after our People, our Customers and the Community and Ensuring a Financially Resilient Industry.