A Texel ram lamb has sold for an astonishing $A380,000 in Scotland.

The most positive note out of this week's wool market was the lift in demand for crossbred wools.

New research funded by Meat & Livestock Australia is looking at the potential of biochar in feed rations to cut greenhouse gas emissions from livestock.

Wool brokers' boss John Colley says no mechanism is needed to halt wool sales during big price drops.

The wool market showed signs of stabilising at sales in Sydney and Melbourne today on the back of a much reduced offering.

The 11th annual Queensland multi-vendor Dorper and White Dorper ram sale sold to a top of $3800 and average of $1191 and and overall clearance of 90 per cent at the St George Showgrounds on Monday.

Meat & Livestock Australia is ramping up its education programs to help expand goatmeat production.

Wool auctions should continues despite last week's big price drop of almost 10pc in the benchmark eastern market indicator.

Last financial year was another record-breaking affair for both lamb and mutton exports with big increases in sales to the US and China.

Luxury retailers selling premium woollen clothing are also feelingthe pinch, says IWTO.