ABARES Outlook shows the lucrative rise of Australia's sheep and wool industry

Annabelle Cleeland
Updated March 12 2018 - 11:51am, first published March 6 2018 - 10:13am
On the back of high times for lamb and wool, Australian sheep producers are riding a 20 year cash high with average farm income hitting $170,000. Victoria Wool Processor, Sydney Manager, Harry Ying, says the industry's booming times will attract new international players to the auction rooms.
On the back of high times for lamb and wool, Australian sheep producers are riding a 20 year cash high with average farm income hitting $170,000. Victoria Wool Processor, Sydney Manager, Harry Ying, says the industry's booming times will attract new international players to the auction rooms.

Australian sheep farmers are cashing in on historic meat and wool prices, as average farm income for the sector hits a 20-year high of $170,000 this financial year.

Annabelle Cleeland

Annabelle Cleeland

National Sheep & Wool Writer

Annabelle Cleeland is Fairfax Media’s national sheep and wool writer. Annabelle joined the Fairfax team in 2012 to nurture her love of Australian agriculture. She began as the Victorian western district reporter at Stock & Land before taking on a senior position as a journalist reporting on all industries statewide. Annabelle’s appetite to report on issues which affect the sheep and wool industry has seen her travel to many parts of Australia and abroad. She is excited to spin industry yarns during a period of substantial demand for the sheepmeat and wool industries. Annabelle enjoys horse riding and climbing mountains, and is a lazy supporter of the Geelong Football Club.

Get the latest NSW news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.