Ag News

Wool market up 61c/kg for the last sale of the year

  • By: Farm Tender "Prime"
  • Dec 15, 2017

By Mark Dyson - Quality Wool

The final wool market for 2017 opened up retaining the positive momentum from the previous week, with the Eastern Market Indicator (EMI) increasing by a massive 61 cents clean for the week to finish the year out at 1760 cents per kilogram.

This represents the strongest market increase seen heading into the Christmas three-week recess for many years, with an annual increase of 29.9 per cent year-on-year

Solid gains were seen across all the Merino micron categories, with values increasing between 20-43 cents clean on day one.

The finer crossbred fleece types also made some ground increasing by 10-15 cents clean, with further gains in the card...
Read "Prime" Ag News full story!
Be a "Prime" Monthly Member