With Haddon Rig celebrating 100 years of Falkiner ownership it is a good idea to have a look at where the wool market sits from a historical prospective.
As you can see in the below chart we are sitting in area that has only been achieved once in the last 20 years which was for a brief period in 2011. With production at record lows highlighted by this week’s figures of a 6% drop in AWTA testing Year on Year most experts expect the market to stay at above average levels for a considerable period.
This should give everyone the confidence to invest in Merino’s:
What does this mean for the commercial producer who concentrates on producing quality fine/medium Merinos?
As you can see by the below chart the top 20% of producers who produce over 7kgs of medium wool from their adult sheep in the 19-21micron range can gross up $100 per head.
This highlights the importance of quality genetics, by increasing your wool cut by even 0.5kgs we can pay for our shearing costs.
The chart below also highlights that Merino Lambs have a very good rebate on their backs, along with the meat value with most quality Merino wether lambs returning $35-$50.00 per head in wool value which more than makes up for any lower c/kg return over the hooks or extra time to finish compared to crossbreds.
