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Beyond the Bale : June 2011
31 June 2011 BEYOND THE BALE ON-FARM no Challenge results Woolgrower Des Ryan of "Pine Dale" Gidginbung at the Temora Agricultural Research and Advisory Station. The 20 percentile groups based on five year average mutton value in Table 2 show a strong relationship with bodyweight, fleece weight and fibre diameter but little relationship with wool value. The April 2011 mutton value ($89.44/ head) was 87 per cent higher than the five year average mutton value ($47.82/head). Based on the five year average wool and meat market the combined value of wool and mutton is $85.28/head with nearly $13/head difference between the average of the top 20 per cent compared to the average of the bottom 20 per cent. The top 20 per cent under this market scenario are associated with higher fleece weight and body weight. Based on the April 2011 wool and mutton market the combined value of wool and mutton is $152.12/head with nearly $29/head the difference between the average top 20 per cent compared to the average bottom 20 per cent. Figure 1 presents the combined wool and meat per head value for both the five year average (green dots) and April 2011 market (orange dots). The April 2011 market shows greater spread between the teams compared to the five year averages. The teams that are in the top right quadrant are more likely to be able to take advantage of varying market fluctuations. Craig Wilson believes that maximising profits can be achieved by optimising fleece weight, fibre diameter, growth rate and fertility, with the least risk and greatest rate of gain by combining the use of Australian Sheep Breeding Values (ASBVs) with astute visual selection. Over 250 people attended the shearing and dinner and $27,000 was raised to start the Peter Westblade Trust to assist aspiring young woolgrowers with travel and educational opportunities to further their careers. More information: Craig Wilson, Craig Wilson & Associates, firstname.lastname@example.org -$20 -$15 -$10 -$5 $0 $5 $10 $15 $20 $25 $20 $25 $15 $10 $5 $0 -$5 -$10 -$15 -$20 -$25 AVERAGE WOOL VA LUE $/HEAD DEVIATION Low Wool and High Meat Value Low Wool and Low Meat Value High Wool and High Meat Value High Wool and Low Meat Value AVERAGE MEAT VALUE $/HEAD DEVIATION WOOL VALUE APRIL 2011 MARKET MUTTON VALUE AVE5YR MARKET MUTTON VALUE APRIL 2011 MARKET $/HEAD $/HEAD $/HEAD +$13.97 +$0.69 +$1.00 +$1.89 +$1.51 +$2.34 -$0.81 +$0.37 +$0.54 -$1.90 -$2.07 -$3.19 -$13.16 -$0.50 -$0.68 $62.68 $47.82 $89.44 WOOL VALUE APRIL 2011 MARKET MUTTON VALUE AVE 5YR MARKET MUTTON VALUE APRIL 2011 MARKET $/HEAD $/HEAD $/HEAD -$3.25 +$7.84 +$12.87 +$2.23 +$3.44 +$5.37 -$1.03 +$0.21 -$0.01 +$1.45 -$3.68 -$5.67 +$0.61 -$7.81 -$12.57 $62.68 $47.82 $89.44 Wethers valued off shears at 20 months old Wethers shorn 20 months old with 12 months wool FIGURE 1. COMBINED WOOL AND MEAT VALUES FOR BOTH THE FIVE YEAR AVERAGE WOOL AND MEAT MARKET CURRENT WOOL AND MEAT MARKET