As expected the Australian wool market moved into stabilisation mode last week writes Bruce McLeish.
Wool prices took their biggest ever leap last week but will the rise be sustained if more wool flows onto the market.
At the end of a frenetic day 130 cents a kilogram had been added to the EMI price in a single day's trading.
LeadingTasmanian sheep classer and livestock consultant, Andrew Calvert, is hooked on the versatility of the Merino breed.
Tomorrow will see the 20th anniversary Dyson Jones Corrigin Shears shearing competition held in conjunction with the annual Corrigin agricultural society show.
A second company name on the table in front of one of the most prolific buyers at the Western Wool Centre (WWC) added to growing optimism last week the wool market's price dive is about to level out.
"The market has hit the bottom of the J-curve, but don't quote me," was an astute assessment by a veteran wool auctioneer early into last week's smallest Western Wool Centre (WWC) auction in 24 years.