Week 45 - May 2025
Eastern Market Indicator (EMI)
Eastern Market Indicator (EMI)
Microns
AWEX Auction Micron Price Guides
Sales held Tue 6th May & Wed 7th May 2025
Offering (Aust. Only)
Offering (Aust. Only)
Sales Week 45: 8th May 2025
Currency Movements
Currency Movements
Sales Week 45: 8th May 2025
Forecast
Forecast
Scheduled Australian Wool Auction Sales
AWI Commentary
Australian dollar (AUD) versus US dollar (USD) up = market down at Australian wool auctions this week as the familiar scenario played out. The past month of wool markets have largely been guided by the spot exchange rates as that appears to be the only certainty amongst many unknowns.
When getting paid in AUD, the last thing wool growers probably want to hear is the markets “holding on well though in USD”, but that is the reality. The reality the users of Australian wool must hear though is that growers are facing ever rising costs, alternative enterprise competition for land use may be more lucrative and supply is dropping alarmingly. Better prices and rain are the only panaceas now.
Merino types fell away by a general 15 to 20ac this week, but prices variances within that are great according to quality. Better wools are fetching as much as 50ac more for similar micron and vegetable matter (vm) readings for sale lots drought affected which are exhibiting such tested qualities as lower yields, lower strength and thence lower calculated CVH percentages. Crossbred wool and cardings drifted just slightly and outperformed the forex adjustment.
33,000 bales are being offered next week, with the WA centre at Fremantle selling just one day, Tuesday.
