Lamb and mutton prices continue to create headlines

The Australian wool market is still being challenged by a myriad of factors.

The turn off of both sheep and cattle has become almost record breaking.

THE Oatlands Sheep and Lamb Sale continues to receive strong support from across the state.

THE Australian wool market continued to gain strength last week on the back of a favourable currency market, Chinese buyers returning to work and increased awareness of supply shortages in the future.

IN a slightly disjointed selling week to accommodate the Chinese New Year celebration wool sales were held on Tuesday and Thursday last week.

THE Australian wool market held up very well last week in the face of a larger than expected volume, a slightly less favourable currency conversion rate, the circus of Washington and the number one customer all but shut down for holidays.

Market Talk with Richard Bailey

LAST week saw the greasy wool auctions resume across Australia with very positive results in all three selling centres.