by clicking the arrows at the side of the page, or by using the toolbar.
by clicking anywhere on the page.
by dragging the page around when zoomed in.
by clicking anywhere on the page when zoomed in.
web sites or send emails by clicking on hyperlinks.
Email this page to a friend
Search this issue
Index - jump to page or section
Archive - view past issues
TAS Country : June 9th 2011
22 Tasmanian Country Friday, June 10, 2011 The Stock Report Wool worries looming ERIC HUTCHINSON SMALL wool offerings, higher oil prices and con- cerns over the volume of the cotton crop in China and Texas are all support- ing wool prices presently. Only 22,500 bales are on offer around Australia this week, 28,000 next week, 22,000 the following week and 30,000 rostered for the last week of selling this financial year. While demand remains strong enough and the relativity to competing fib- res is reasonable, the out- look for wool prices looks fine. I say this and then take a gulp when reading the less than encouraging financial news coming out of the US and Europe, driven by con- cerns over debt levels of many countries and, in the case of the US, an unem- ployment rate that just seems to keep growing. There are warning signs clearly pointing to a slowdown in retail spend- ing on textiles in the next 12 months. How much im- pact this will have on wool demand and prices at the farm gate I really can't estimate, but it is hard to imagine wool as a luxury fibre will come out of this unscathed. There has been coverage this week in many Euro- pean publications about the struggle retailers are having with higher wool prices. Designer label Hugo Boss has said increases for wool suits will not exceed 10 per cent but many Savil- le Row tailors are increas- ing prices by nearly 20 per cent as a result of higher fabric prices coming from suppliers in the UK, Italy and no doubt China also. Marks and Spencer carry a range of wool or wool-blend suits ranging from £160-£450 ($A240-$690) and it is likely the top end of this range will come under the most upward price pressure. It is knitwear that will come under the most price pressure in the coming season. The cost of the raw material in knitwear is a higher proportion of the total garment cost com- pared to products made from woven fabrics. Eric Hutchinson is Ro- berts' wool manager Exporters don't like softer touch market TALK Richard Bailey THE cattle market seems to have settled at the lower levels of the past few weeks, with a softer export market getting the blame for lower trade cattle prices. In most cattle saleyards there is strong interest in the very best-class vealers and these are fetching between 215c and 235c/kg in Tasmanian markets and a bit higher in the big Victorian saleyards. Most yearlings are struggling and are selling from 180c to 210c/kg, with restockers and feeders buying well-bred steers, while the very plain-quality heifers are selling from 165c to 180c/kg liveweight. I know some producers get sick of the level of our dollar being used as the reason for lower prices, but compared with May last year the Australian dollar is 26 per cent higher against the US dollar. That makes a big differ- ence to the exporter's bottom line, and is putting pressure on our export earnings. Softer prices in our two major markets of the US and Japan (they have taken 55 per cent so far in 2011) are causing some concern. As a result these lower export markets put pressure on trade cattle prices because some beef destined for overseas ends up back on the domestic market in the form of ''box beef''. The other side of the coin is the supply of local trade cattle, which in this state will become very tight as the winter moves on and it will be interesting to see where the numbers are going to come from. The Victorian lamb market has been up and down over the past month and this week it was up $5 to $10 a head after falling the same amount last week. This week numbers dropped dramatically, with only 8300 penned at Ballarat, compared with more than 22,000 last week. Obviously these much smaller numbers will have an effect on prices. The important question is, are the numbers getting scarce, or are producers holding back lambs because the season is so good through much of Victoria, South Australia and New South Wales? It is no secret that there are some big numbers of lambs forward-contracted over the next couple of months, but it will be interesting to see how many come to the market over the next few weeks. In Tasmania, because we lamb later than many on the mainland, one would assume that there will be a shortage of lambs over the winter and early spring, but the price levels will be determined by what happens in Victoria. ROBERTS WOOL REPORT AWEX MPG Summary June 8, 2011 Current Change 12 Mths Ago 3 Year Ave EMI 1416 18 889 894 17 2345 0 1273 1388 18 2022 -5 1179 1297 18.5 1858 12 1130 1202 19 1761 17 1065 1098 19.5 1654 19 989 1001 20 1557 34 938 924 21 1490 41 930 892 22 1439 47 901 869 23 1306 32 873 848 24 1081 3 806 798 25 nq 0 681 692 26 878 11 625 623 28 668 0 464 478 30 611 -1 421 416 MC 729 5 614 559 Cull cows Top money for beef and dairy culls With increased capacity at our Smithton plant, we re now chasing all types of cull cows for processing -- and paying top money! Contact your local Greenham representative. He ll quickly inspect your culls and make prompt arrangements to turn them into cash. It s what you d expect from the family owned Australian company that s expanding in Tasmania and committed to the local cattle industry. Prompt payment always at Greenham. 6452 2701 www.greenham.com.au RGM/GRT35325 Cade Ebdon Circular Head 0409 437 950 Nick Strickland Central/NW 6433 3230 0417 335 843 Ian Millen Central East/NE 6344 8915 0408 133 685 Grant Lethborg North East 0417 633 486 Ron Crack King Island 0400 895 133 Michael Ardle South 0428 134 122 Wayne Oliver Statewide 6362 3682 0419 358 441 Daryl Heazlewood Statewide 0419 131 458 Graeme Pretty Livestock Controller 0418 505 347 2010628-110610 DAIRY LIVESTOCK FOR SALE Phone Peter Korpershoek 0438 583 108 or Kent Tyson 0428 318 272 50 cross-bred cows. Purchaser's choice from a herd of 300. $1600+ GST 100 Friesian & Friesian cross cows $1600 + GST 100 rising 2yo heifers. Small frame, AI bred $850 + GST 60 Friesian bull calves $300 + GST 58 cross-bred heifers due 25th August $1150 + GST 35 cross-bred heifers due 15th August $1150 + GST 25 Friesian cows. Purchaser's choice from a 235 cow herd. $1800 + GST 20 Jersey bulls $900 + GST 30 cross-bred heifers. PTIC 1st August $1500 + GST DAIRY LIVESTOCK WANTED Phone Peter Korpershoek 0438 583 108 or Kent Tyson 0428 318 272 Cross-bred Spring heifer calves $600-650 + GST Sound empty cows. Price on quality Export heifers for Landmark Global Exports BEEF LIVESTOCK WANTED Phone Russell Cowan 0418 346 339 Lines of Poll Hereford cows PTIC Lines of British bred Yearling off steers Look to us for Livestock Landmark Smithton 1-3 Rubicon St Smithton 6452 1034 Landmark Longford 10A Marlborough St Longford 6391 2811 landmark.com.au 2054677-110610 JBS AUSTRALIA All types of Livestock required for processing at our Longford & Devonport Plants For a competitive price ring our Livestock Buyers today JBS Australia Tasmanian Livestock Team Tom Archer Livestock Manager M 0419 310 701 Allan Boyce Livestock Buyer M 0419 310 698 Mathew Bosworth Livestock Buyer M 0438 912 161 JBS Australia would like to thank producers for their continued support.
June 2nd 2011
June 16th 2011