Increases in cow and bullock supplies have led the saleyards market lower this week.
Industry could have acted five years ago to head-off controversy that currently threatens the trade's future.
Australian Wool Innovation (AWI) has announced a $2.5 million investment in flystrike vaccine investigation.
Live sheep exporters have imposed a three-month moratorium on sheep shipments to the Middle East during the Northern Hemisphere summer.
Sheep producers in WA say without the live sheep industry, prices through airfreight and processing alternatives will most likely drop.