Demand for fine and mid-micron wool is forecast to pick up as men start buying suits again.
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Rabobank says while consumer confidence is waning in the United States and China (the world’s largest wool markets), prices will still be pushed high by other factors.
“First, US retail apparel sales are continuing to grow,” agricultural analyst Dennis Voznesenski said.
“Second, the latest woollen suit import data from October 2021 shows a full recovery to pre-pandemic levels in France and only 26 per cent below pre-pandemic levels in the US.”
The bank forecasts Australian wool’s Eastern Market Indicator will trade, on average, between 1350¢/kg and 1500¢/kg in 2022, up seven per cent on the 2021 average.
Here comes the sun(flowers)
It’s been a good season for sunflowers, with crops popping up all over the place.
We had the Sunflower Festival at Numurkah recently, and lately a family in Shepparton opened up their small crop to the public.
About 500 people visited the farm, belonging to Chris Davies on Benalla Rd, to take photos and buy a stem.
Justin Davies and his father Chris Davies sowed about 200,000 sunflowers seeds on what had been an unused section of Chris’ farm.
Mustering the ratings
We’ve been enjoying the ABC documentary series, Muster Dogs, and it looks like lots of others have been tuning in.
According to TV Tonight Ratings, Muster Dogs generated more than half a million viewers on Sunday, February 13, beating The Sunday Project, the Beijing Winter Olympics and Australian Survivor.
Couldn’t beat Married at First Sight, though, more’s the pity.