The quality and the quantity of offering at the moment is unprecedented. All weekly market reports must take the very limited and overall poor-quality range of wool on offer into context. According to AWEX the average style of the merino fleece section in Sydney was 5.5. This means that overall style of the selection was in between and MF5 (good topmaking) and MF6 (average topmaking). This must be recognised as one of the poorest style selections for a Sydney sale. Therefor it was a significant challenge for us to quote this market comparatively.

AWEX Eastern Indicator compared with 17/04/2020

Eastern Indicator

Close: 1272

Change in % -1.55

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

Authentico Index Values

15 Micron

Close: 2418

Change in %:  -0.49

16 Micron

Close: 2144

Change in %: -0.42

17 Micron

Close: 1886

Change in %: -1.87

18 Micron

Close: 1714

Change in %: -2.0

19 Micron

Close: 1602

Change in %: -2.85

Authentico Indicator

Close: 1911

Change in %: -1.49


Sales resume next Tuesday across all three markets.

Auction offering – current week

For the season to date up to and including week 43, we’ve seen a reduction of nearly 18% in first hand offered clean kg’s on the market. It remains a little unknown just how much wool is available in store on behalf of growers who are unwilling to offer their wool at this time or at these levels. If production is down by anywhere near this percentage and sheep breeders are tempted further towards meat sheep production while lamb prices remain strong and wool a little uncertain, then this unofficial grower stockpile must surely be a valuable asset for the industry. It’s a difficult period but before Covid-19, the outlook for wool as a sustainable natural fibre was very good. It will return.

Market          Sale          Offered             Sold       Passed In

North                      S 43                     4696                         4067                13.4%

South                     M 43                    15019                        12590              16.2%

West                       F 43                      5259                         4530                13.9%

Auction offering – next week

Market          Sale          Sale days          Volume

North                      S 44                         W                              5406

South                     M 44                       T-W                           14021

West                       F 44                        T-W                            6127


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