400 delegates show up for Best Wool Best Lamb conference
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.