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TASMANIAN COUNTRY, Friday, February 6, 2015 19
THIS week's shock decision by
the Reserve Bank to cut inter-
est rates resulted in the Austra-
lian dollar dropping more than
While it was only short-
lived, this sudden dip in the
currency looks to have helped
some sales over the line early
in the week, aiding the wool
market to build further on last
week's solid gains.
Strong support from
Europe continues for high
types 18.5 micron and finer.
As is always the case in a
rising market, the biggest and
early movers in price are the
lower-spec types. With the
market getting away from
them, buyers force up the
bottom end while they try to
buy wool at a price.
The catch is buyers then
need to buy more of the better
end to get their blends right, so
up they go. This creates the
perfect storm that can only be
achieved in a live auction situ-
ation. I've been caught up in a
quite a few of these in the past.
While I encourage the
industry to explore alterna-
tives to the open-cry auction
system as it stands today, I can
confidently say the auction is
the option most widely sup-
ported by buyers, therefore
attracting the best prices.
To the numbers: the 17.5 to
18.5 micron types have basi-
cally reached 12-month highs.
Other merino indicators are all
selling above their 12-month
averages, but have a long way
to go. Pieces, bellies and card-
ings are flying, so make sure
you consider these when
looking at clip returns.
On to crossbreds: as we
have said time and again, it's
staggering compared with
merinos. The 28.0mpg has just
ticked over 800 for the first
time in 13 years.
There's a three-day sale
next week, with Roberts' Laun-
ceston feature sale on Tuesday.
Hopefully the very large vol-
ume of quality fine wool can be
absorbed by European inter-
ests and market momentum
can continue. One school of
thought says having volume in
one week promotes interest,
while the other suggests regu-
lating flow increases demand.
Next week will be a good
Charollais stud widens breed pool
A DECISION by two North-West stud-
sheep breeders to branch out into a rela-
tively new breed is giving Tasmanian pro-
ducers another option.
The Day family, in partnership with
Nigel Wade, have established the Sunny-
lands Charollais sheep stud.
The stud's first official open day and
sale will be held on February 19 at 78 De-
viation Road, Penguin.
Paul Day said they decided to start
breeding Charollais to give local commer-
cial breeders another option, especially
when it comes to their maidens and ewe
"They're an early finishing breed and a
few of the commercial breeders have been
buying in rams from the mainland, so we
thought there could be some demand
there for them," Mr Day said.
The first eight purebred Charollais in
the stud were born in spring after an em-
bryo transfer program.
One of those ram lambs will be offered
in the sale, along with a selection of 18
other composite ram lambs.
These include two Charollais Ryeland
crosses, 4 Charollais White Suffolk cross-
es, and 10 Charollais Poll Dorset crosses.
"They're a really good ram to put over
your ewe lambs or maidens because they
have very small lambs," Mr Day said.
"Once they hit the ground though they
just take off, so they're pretty early finish-
ing and they don't grow into huge sheep."
Originally from the France, the breed
has plenty of muscling, especially in the
hindquarters and a moderate frame size.
However, their small heads and fine
shoulder make for easy lambing.
Mr Day said they planned to start an-
other embryo transfer and artificial in-
semination program soon to increase the
number of purebreds in the flock.
The open day will start from 11am and
includes a barbecue lunch. The helmsman
auction will get underway at 1pm.
For sale details contact Mr Day on
0407 811 125 or Mr Wade on 0417 391 914.
NEW DIRECTION: Paul Day of Sunnybanks Sheep Stud at Penguin with a Charollais ram.
Picture: CHRIS KIDD
Butchers love 'em - You will too
for the perfect combination
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