{"id":322,"date":"2021-08-25T03:54:50","date_gmt":"2021-08-24T17:54:50","guid":{"rendered":"https:\/\/theadvocate.net.au\/2021\/08\/25\/wool-continues-solid-growth\/"},"modified":"2021-08-25T03:54:50","modified_gmt":"2021-08-24T17:54:50","slug":"wool-continues-solid-growth","status":"publish","type":"post","link":"https:\/\/theadvocate.net.au\/2021\/08\/25\/wool-continues-solid-growth\/","title":{"rendered":"Wool continues solid growth"},"content":{"rendered":"

THE first six months of 2021 has been solid for the merino industry with all micron categories currently trading at a higher price than at Christmas 2020.<\/p>\n

The Southern Market Indicator began the year at 1134 cents\/clean and is currently at 1369, as we enter the midseason recess.<\/p>\n

The 17 micron indicator and 18 micron indicator have both lifted 31%, the 19 micron indicator has lifted 27% and 21 micron indicator is up 14%.<\/p>\n

Merino wool market looks very solid going forward. Fine wools look like they will remain near current levels, with supply and cashmere prices dictating any price movements.<\/p>\n

Overall, merino wools could strengthen as there is a higher degree of optimism among exporters and brands are talking about upcoming collections at trade fairs that are now in full swing.<\/p>\n

The crossbred market has not preformed as strongly only lifting 9%.<\/p>\n

COVID-19 has really affected the crossbred market with hand knitting yarns, quilt fillings and furnishings struggling for consumer demand.<\/p>\n

The highlight of wool sales in early July was a local woolclip, Elders Ararat offered in their Responsible Wool Standard (RWS) sale catalogue at the National Wool Selling Centre, Brooklyn.<\/p>\n

Measuring between 18.5 and 21 micron and exceeding expectations, the prices achieved were 14% higher than the market (which finished flat).<\/p>\n

The Responsible Wool Standard (RWS) is an international standard that addresses animal welfare in sheep farms and a chain of custody of wool from certified farms to the final product.<\/p>\n

Goals include recognising the best practices of farmers, ensuring wool comes from farms with a progressive approach to managing their land, from sheep that have been treated responsibly, to create an industry benchmark that will drive improvements in animal care, land management and social welfare.<\/p>\n

RWS aims to provide a robust chain from farm to final product so that customers are confident that wool in the products they choose meet RWS standards.<\/p>\n

Elders Ararat are pleased to offer wool producers this option if they choose to market their wool down this path.<\/p>\n

Wool Manager Craig Potter said Elders Ararat is an accredited auditor and can guide wool producers through the journey.<\/p>\n

\u201cGlobally, the future looks very bright for all types for wool as this is the fibre of the future- natural, soft, elastic, absorbent, warm, cool, hypoallergenic,\u201d Mr Potter said.<\/p>\n","protected":false},"excerpt":{"rendered":"

THE first six months of 2021 has been solid for the merino industry with all micron categories currently trading at a higher price than at Christmas 2020. The Southern Market Indicator began the year at 1134 cents\/clean and is currently at 1369, as we enter the midseason recess. The 17 micron indicator and 18 micron […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"coauthors":[],"acf":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"jetpack_shortlink":"https:\/\/wp.me\/pdqUu4-5c","_links":{"self":[{"href":"https:\/\/theadvocate.net.au\/wp-json\/wp\/v2\/posts\/322"}],"collection":[{"href":"https:\/\/theadvocate.net.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theadvocate.net.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theadvocate.net.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/theadvocate.net.au\/wp-json\/wp\/v2\/comments?post=322"}],"version-history":[{"count":0,"href":"https:\/\/theadvocate.net.au\/wp-json\/wp\/v2\/posts\/322\/revisions"}],"wp:attachment":[{"href":"https:\/\/theadvocate.net.au\/wp-json\/wp\/v2\/media?parent=322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theadvocate.net.au\/wp-json\/wp\/v2\/categories?post=322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theadvocate.net.au\/wp-json\/wp\/v2\/tags?post=322"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/theadvocate.net.au\/wp-json\/wp\/v2\/coauthors?post=322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}