Sentences with phrase «wool prices»

The price of every component of the rural index rose in the quarter, in both domestic and foreign currency terms, with sugar, cotton, and wool prices exhibiting particular strength.

This would bring them back to around the very high level they reached in the early 1950s when wool prices spiked at the time of the Korean War (Graph 7).

In the early 1950s at the time of the Korean War, the terms of trade rose by about 50 per cent in a single year as wool prices soared.

In foreign currency terms, wool prices gained over 7 per cent in the quarter, due to rising demand for the finer wools.

Increased entries along with a lift in overall quality of the Corriedale sheep exhibited reflected the rise in sheep and wool prices across the board, and highlighted the true dual purpose characteristics of the breed.

Wool price records have been broken multiple times this year, with the Eastern Market Indicator hitting a new high of 1765 cents a kilogram last week.

Australian agriculture is riding high on the back of unprecedented wool prices driven by demand from China and shifts in the global textile industry.

The market was very different 30 years ago (Australia had a supported wool price, a sheep flock twice the size what it is today and there were different conditions in the Middle East).

With Wool prices in new territory, Skarstedt added Apocalypse Now to his inventory and waited for an offer.

The fact that wool prices, for instance, varied in response to market conditions but nominally remained fixed by royal fiat for 150 years shows that this standardized price referred to debt payments owed to the palace and its collectors.

Wool prices have continued to fall sharply, and are now 18.5 per cent below levels of a year ago in Australian dollar terms, inducing some wool producers to switch to prime lamb production.

Cattle prices hit record highs 18 months ago and have remained steady since, wool prices are at record highs, wheat crops have bounced back and cotton has some very favourable forecasts.

«The cattle market remains hampered by dry conditions in Queensland, while sheep producers are facing dry weather in some regions, although the market dynamics have improved for lamb, and wool prices have also kicked a little,» Mr Knoblanche said.