27th Sep 2019
On the 3rd wool auction of the 2019/2020 season, the merino wool market indicator increased with +5,3% to close on 17231c per kg clean. The main buyers on the sale were: G Modiano (3,452 bales), Standard Wool (1,794 bales), Lempriere S A (1,523 bales) Of the 9,192 bales offered 8,860 bales were declared sold (96%). Average clean wool price indicators for good quality [...]
26th Sep 2019
Even though the various clips were well prepared and the quality was good, the market remained unchanged. The demand from China remains the biggest factor for uncertainty in our market. Our buying houses are currently in China to negotiate new contracts. The average market indicator compared to the corresponding sale of the previous season [...]
13th Sep 2019
On the 1st wool auction of the 2018/2019 season, the merino wool market indicator decreased with -28.3% to close on 14770c per kg clean. This is approximately -38.02% higher than a year ago. Average clean wool price indicators for good quality long fleece wool (MF4/MF5) with a tenstile strength of 35 (NKT) were as follows:
10th Sep 2019
Thanks to the installation of an advanced auto-feeder system at the Welgevallen Experimental Farm, a facility managed by the Stellenbosch University (SU) Faculty of AgriSciences, livestock research on the nutrition of sheep will be done more easily, faster and more precisely. The system, donated by agricultural company BKB, allows researchers to track exactly how much [...]
9th Sep 2019
On the 1st wool auction of the 2018/2019 season, the merino wool market indicator decreased with -28.3% to close on 14770c per kg clean. This is approximately -38.02% higher than a year ago. Average clean wool price indicators for good quality long fleece wool (MF4/MF5) with a tenstile strength of 35 (NKT) were as follows:
4th Sep 2019
The second auction of the 2019 winter season offered 149858kg. Even though the quality of the mohair was excellent, the market came down by 10.0% The stronger micron young and adult mohair came down the most. The trade war between the USA and China was the biggest contributing factor in the drop in market. The trade war between the USA[...]