400 del­e­gates show up for Best Wool Best Lamb con­fer­ence

North East & Goulburn Murray Farmer - - NEWS -

RECORD crowds re­flected the value of the re­cent Best Wool Best Lamb con­fer­ence, held in Bendigo late last month.

One of the key­note speak­ers was wool an­a­lyst Chris Wil­cox, from Poimena Anal­y­sis, who took grow­ers through the cur­rent wool mar­ket prices and the rea­sons for what was be­ing paid.

Mr Wil­cox said strong de­mand for su­perfine wool had largely been hid­den by in­creased pro­duc­tion over the past decade.

“I believe there is strong de­mand for su­perfine wool yet that has not been re­flected in prices un­til just re­cently,” he said.

He warned that cer­tain im­porters in China were chas­ing wool from sheep that had not been mulesed.

“When you talk to the mills in China, they want non-mulesed wool,” Mr Wil­cox said.

“They don’t know any­thing about pain re­lief ( used at mulesing).”

Mr Wil­cox said about nine per cent of the Aus­tralian clip now came from non-mulesed sheep, but this was not enough to sup­ply the de­mand from China.

“Chi­nese mills are turn­ing to Ar­gentina, New Zealand and South Africa to source their needs of non-mulesed wool,” he said.

Some 400 del­e­gates at­tended the an­nual Best Wool Best Lamb event, where 15 speak­ers and del­e­gates were able to in­form pro­duc­ers about the fu­ture of the sheep in­dus­try, and how best to max­imise prof­its and pro­duc­tion.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.