In Sydney, Merino fleece MPGs eased slightly, with the 17
MPG slipping 3¢ to 2188¢, the 18 MPG easing 5¢ to 2042¢/kg, and the 19 MPG
falling 11¢ to 1982¢/kg. Crossbred fleece MPGs were lower, with the 26 MPG
declining 12¢ to 742¢/kg, the 28 MPG falling 20¢ to 650¢/kg, and the 30 MPG
easing 20¢ to 550¢/kg.
Melbourne recorded mixed results across Merino fleece MPGs,
with the 18 MPG rising 7¢ to 2042¢ and the 19 MPG gaining 3¢ to 1969¢, while
other Merino fleece MPGs recorded only minor movements. Crossbred fleece MPGs
in Melbourne were lower in the broader categories, with the 30 MPG falling 15¢
to 575¢ and the 32 MPG easing 7¢ to 436¢.
Fremantle held a single selling day for the week and
recorded modest gains across several Merino fleece MPGs, with the 18 MPG rising
11¢ to 2011¢ and the 19 MPG gaining 13¢ to 1899¢. Other Merino fleece MPGs
recorded marginal movements. Crossbred fleece MPGs in the west recorded a limited
change.
This week in Mecardo, Andrew Woods looked at the year that
was in wool, (see article here).
He showed that prices were largely flat through the first half of 2025 before
lifting sharply during the September quarter, when Merino MPG prices rose by
around 400¢. The 28 MPG crossbred was the standout, gaining approximately 300¢
over the same period. He noted that the strength in prices during this period
stood in contrast to earlier months and was a defining feature of the 2025
season.
Steady as she goes to wrap up 2025
Next week
The wool market will now pause for the Christmas and New Year recess, with no sales scheduled over the next three weeks. Weekly wool comments will return when selling resumes in January. We wish all readers a Merry Christmas and a safe and happy New Year.
Have any questions or comments?
Click on graph to expand
Click on graph to expand
Click on graph to expand
Click on graph to expand
Data sources: AWEX, AWI, Mecardo
Categories
Have any questions or comments?
Wool market finds its footing
The Australian wool market recovered from the losses recorded in the previous series, with prices lifting across both selling days. The Eastern Market Indicator rose
AWTA volumes January 2026
AWTA core test volumes have begun 2026 well down on year-earlier levels, as the effects of a dry spring in south eastern Australia continue to
Currency surge stalls market momentum
The market retracted this week, with the EMI dropping 24¢ to finish at 1,665 ¢/kg. Despite the sea of red ink across the guides, results
New Zealand merino clip
In early December Mecardo looked at the New Zealand crossbred wool clip, which is the vast bulk of their production. In this article we take
Want market insights delivered straight to your inbox?
Sign up to the mailing list to get regular updates to new analysis and market outlooks
Independent analysis and outlook for wool, livestock and grain markets delivered to you as it’s published
Listen to the podcast
Join the Mecardo team for the Commodity Conversations podcast, where we provide short weekly market recaps and longer conversations with guests to discuss the drivers and trends in livestock, grain and fibre markets.
MEET THE TEAM
Our team of market analysts are recognised as leaders in Australian Ag market analysis, providing invaluable insights to help you navigate the ever-changing commodity landscape.
SERVICES AND CAPABILITIES STATEMENT BROCHURE
We don’t just bring you the most up to date market insights. Find out more about Mecardo’s services including risk management advisory, modelling, benchmarking, research & consultancy.