The market was cheaper across the board and with a clearance of only 17,000 bales we are no doubt in a difficult period. Growers still have the possibility to sell if they have the necessity and buyers can deliver against any small commitments that they may have. The situation appears worse in local currency. The Australian dollar is finding favour due to our positive handling of the Covid-19 pandemic. There are only a few reported cases per day nationally and some states and territories have had no reported cases for days on end now. This is seeing improved confidence in the Australian dollar. It’s now trading at 0.655 against the USD, an increase of around 3.8% compared to this time last week. The AWEX EMI in US value was only 2 cents lower over the week.

AWEX Eastern Indicator compared with 24/04/2020

Eastern Indicator

Close: 1225

Change in % -3.69

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

Authentico Index Values

15 Micron

Close: 2389

Change in %:  -1.2

16 Micron

Close: 2129

Change in %: -0.70

17 Micron

Close: 1838

Change in %: -2.55

18 Micron

Close: 1673

Change in %: -2.39

19 Micron

Close: 1564

Change in %: -2.37

Authentico Indicator

Close: 1874

Change in %: -1.94


While the central west of NSW is now experiencing a considerably better season, we still expect dust penetration to remain an issue for a few months to come. The dust from the drought over the past 12 months is very much penetrating right down the length of the wool staple. The rain doesn’t wash it out. We are hearing unfortunate stories of the dust now turning to mud on the sheep’s back as the rain is continuing to fall. It’s a tough life on the land, and our wool growing friends are doing everything they can to the maintain the best welfare of their animals.

Auction offering – current week

Market          Sale          Offered             Sold       Passed In

North                      S 44                     4993                         3606                27.8%

South                     M 44                    12520                        9637                23.0%

West                       F 44                      5391                          3775                30.0%

Auction offering – next week

Market          Sale          Sale days          Volume

North                      S 45                         W                              5475

South                     M 45                       T-W                           16701

West                       F 45                          T                               4748


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