“The M33 Tasmanian Feature wool sale in February is always an important date for Tasmanian wool growers, and it was great to see the Tasmanian clip represented by clients who made the trip from all over the state,” said George Nichols, Nutrien Ag Solutions Division Wool Lead – Tasmania.
“Some growers could have been holding onto this wool since winter because they know the value of this sale. It is a brilliant opportunity for growers to follow this wool from shearing right through to the Melbourne sale floor and then watching it go at auction, there was a lot of excitement.”
“Whilst the market indicators at the end of the day remained unchanged, the Tasmanian clip on offer sold to increased competition,” said George.
“The better stylish types of wool attracted spirited bidding competition from Italian exporters, leading to some impressive figures of $24 to $28/kg, with some top quality super fine fleece lines selling to $38/kg.”
The two days spent at the Brooklyn wool selling centre gave growers the chance to be exposed to the selling floor and create connections with buyers and exporters as well as the Nutrien Wool team in Brooklyn.
Stewart Raine, Nutrien Ag Solutions Victoria Wool Brokerage Lead, said the sale gave growers in Tasmania full access to the export market, and opened up the competition whilst maintaining provenance.
“Exporters and early-stage processors know this sale gives them a chance to secure large quantities of high-quality single-source wool. The Nutrien team facilitated conversations with exporters before and after the sale to understand current trends for the market and clip preparations to ensure we stay on top of the market for our clients.”
Martin and Rosie Walker of Flinders Island made the trip over to Melbourne, with 47 bales of wool on offer.
“The sale in Melbourne is brilliant for the promotion of Tasmanian wool. We know we have high-quality wool, and it’s fantastic that it brings it for the wider market to see and purchase,” Martin said.