Vernon Graham

Wool prices went on their erratic path this week but at least the market made some overall gains.

Domestic consumers and overseas importers spent $5.78 billion buying Australian lamb and mutton in 2018-19.

Wool sales have started the week on a positive note with the Eastern Market Indicator climbing 25 cents to 1580c.

China has continued its import splurge on Australian lamb and mutton in October.

St George will host what is believed the first auction of Boer goat bucks in Queensland at the end of next week.

WoolProducers Australia is cranking up its opposition to the re-election of Wally Merriman and David Webster to the board of Australian Wool Innovation

The peak woolgrower body has questioned why Australian Wool Innovation need the power to expel a shareholder.

The wool market sustained moderate losses this week after making gains in the previous two weeks.

China has continued its import splurge on Australian lamb and mutton in October.

Frustrating volatility in the wool market continued yesterday with the benchmark EMI shedding 24 cents a kilogram clean.