Following the softer tone at the end of sale last week, the market opened cautiously. It was however noted that buyer competition remained very active at the lower basis. It was obvious that they wanted to buy but were clearly cautious about the price paid. The tone of the auction room was different to that experienced a few months ago. Prices did stabilise on Wednesday and finished with Fremantle on a positive note compared to their previous close.

AWEX Eastern Indicator compared with 23/10/2020

Eastern Indicator

Close: 1138

Change in % -6.64%

If you want to learn more about AWEX indicators, visit the official website

Authentico Index Values

15 Micron

Close: 2572

Change in %:  -2.39

16 Micron

Close: 2193

Change in %: -1.75

17 Micron

Close: 1885

Change in %: -4.75

18 Micron

Close: 1662

Change in %: -4.48

19 Micron

Close: 1466

Change in %: -4.56

Authentico Indicator

Close: 1907

Change in %: -3.64


The quality of the Australian wool clip has improved significantly over the past 10 to 20 years. Australian sheep breeders and wool producers are extensively using ASBVs (Australian Sheep Breeding Values) to analyse the animals. ASBV’s are an estimate of an animal’s true breeding value based on pedigree and performance recorded information. They are essentially a projection of how that animal’s progeny will perform for a range of traits. As a result, Australian wool production has improved dramatically with producers committed to animal health with a focus on nutrition. This in turn has improved the productivity of the merino flock in Australia. There appears more nutrition in the wool, more staple length and a brighter and cleaner clip. All as a result of a strong animal welfare focus.

Auction offering – current week

Market          Sale          Offered             Sold       Passed In

North                      S 18                     11488                         8159                 29.0%

South                     M 18                     16313                        11932                 26.9%

West                       F 18                       8122                         6306                  22.4%

Auction offering – next week

Market          Sale          Sale days          Volume

North                      S 19                        W / T                        8972

South                      M 19                       W / T                       20013

West                        F 19                        W / T                        7681


If you want to see the complete Wool Sales Roster click here.