{"id":2713,"date":"2025-07-18T09:07:12","date_gmt":"2025-07-18T09:07:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/2713\/"},"modified":"2025-07-18T09:07:12","modified_gmt":"2025-07-18T09:07:12","slug":"modest-wool-quantities-traded-forward-as-auction-values-improve","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/2713\/","title":{"rendered":"Modest wool quantities traded forward as auction values improve"},"content":{"rendered":"<p>                    <img fetchpriority=\"high\" decoding=\"async\" aria-describedby=\"caption-attachment-121788\" class=\"wp-image-121788 size-full\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/07\/Mike-Avery-Southern-Aurora-Markets-Oct-2018-e1700792765115.jpg\" alt=\"\" width=\"521\" height=\"284\"  \/><\/p>\n<p id=\"caption-attachment-121788\" class=\"wp-caption-text\">Southern Aurora Markets partner Mike Avery.<\/p>\n<p>THE wool auction market maintained its positive momentum and forwards continue to be well bid in modest quantities.<\/p>\n<p>The tight wool supply seems to be winning the short-term battle, with tepid demand all micron groups showing steady, albeit unspectacular rises over the last two months.<\/p>\n<p>The Merino prices have moved up between 1.5-3 percent across the last 20 auction days.<\/p>\n<p>Crossbreds have been the standout gaining around 15pc of their early May lows.<\/p>\n<p>Forwards continue to be well bid in modest quantities. The positive open to the auction series saw spring trade of 21 micron at 1455 cents, a 10-cent premium to spot.<\/p>\n<p>More importantly, indications of interest in 2026 reappeared for the first time in three months with most Merino qualities bid flat to cash for April, May, and June.<\/p>\n<p>Poorer than anticipated domestic job numbers will put further pressure on the AUD and should help the last round of auctions before mid-year recess. Forwards are likely to hold their bid levels and give growers opportunities of getting hedge cover for spring 2025 and autumn 2026.<\/p>\n<p>Trade this week<\/p>\n<p>October 21 micron\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1455 cents\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 10 tonnes<\/p>\n<p>Source \u2013 Southern Aurora Markets.<\/p>\n","protected":false},"excerpt":{"rendered":"Southern Aurora Markets partner Mike Avery. THE wool auction market maintained its positive momentum and forwards continue to&hellip;\n","protected":false},"author":2,"featured_media":2714,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[64,63,99,171],"class_list":{"0":"post-2713","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-markets"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/2713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=2713"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/2713\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/2714"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=2713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=2713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=2713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}