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Perhaps the odd pen of lambs that have been weaned for a period of time are presenting a little drier in the skin, however this has done little to dampen the enthusiasm of buyers with weight still present underneath and any dips being cleaned up by store buyers leaning into a clear line of sight on forward contracts.
Wool markets, after a huge uptick and an equally as dramatic slide, has the swinging pendulum showing signs of going back the other way with solid lifts in the past week.
Try not to get hypnotised by this pendulum when attempting to read the market however, with weekly bales on offer sitting about 32,000-33,000, when it would usually be 10,000 bales per week more at this time of the year.
This reduced supply alone would suggest that a level of firmness should be able to be maintained for the medium term.
A very successful AWN 1st X Ewe and Lamb Sale at Edenhope saw top 1.5-year-old ewes achieving the magical $500 with an average of $406, with top ewe lambs making $350 and averaging $285.
It is an absolute credit to our repeat vendors that A, continue to stick with their breeding programs through thick and thin no matter what is thrown at them, and B, repeatedly produce top quality breeding stock and prioritise the sale of that stock through their local network and selling centre.
It is not an easy thing to do on a consistent basis – congratulations to all involved on a very successful result.
The entire November 26, 2025 edition of The Weekly Advertiser is available online. READ IT HERE!
The entire November 26, 2025 edition of AgLife is available online. READ IT HERE!