26 JUN 2026

Wool market update

The latest on the Australian wool market Season 2025/2026 Week 52, direct from the Elders wool team.

The Australian wool market has closed out the 2025/26 wool selling season weakly, with large overall losses recorded. There was a total of 26,179 bales available to the trade. 

For the season there has been a total of 1,512,940 bales offered through the auction system. This was 52,869 bales lower than the previous season, a reduction of just 3.4per cent. 

The overall drop was driven by large falls in the merino fleece sector. These losses were reflected in the merino fleece Micron Price Guides (MPGs) which dropped by between 15 and 105 cents for the week. 

The crossbred sector again recorded gains. Here the MPGs gained between 2 and 55 cents. The stronger crossbred market prevented the benchmark Eastern Market Indicator (EMI) from recording a larger fall. The EMI lost 46 cents for the week, closing the season at 1,943 cents. 

Although the market had a negative finish to the season, the season has been one of spectacular gains. 

The EMI opened the season at 1,207 cents and over the course of the season the EMI added 736 cents, an increase of 61per cent. In USD terms the EMI added 557 US cents for the season, an increase of 71per cent. 

Despite the overall smaller national seasonal offering, the total dollar amount of wool sold has well exceeded the previous season.

There has been a total of $2,614,000 worth of wool sold through the auction system. This is $675 million more than was sold in the previous season. 

Next week is the first sale of the 2026/27 wool selling season. Normally one of the larger sales of the season as some sellers wait to sell in the new financial year. This year that is not the case, as a lot of wool has been sold already, by sellers taking advantage of the higher prices on offer. Currently there is expected to be 33,489 bales on offer nationally.

Table showing wool prices to 25 June 2026
Graph showing Eastern Market Indicator (EMI) to 3 July 2025 Graph showing Eastern Market Indicator (EMI) to 25 June 2026

For full details of auction sales, download the reports below.

Disclaimer: The information contained in this article is given for the purpose of providing general information only, and while Elders has exercised reasonable care, skill and diligence in its preparation, many factors (including environmental and seasonal) can impact its accuracy and currency. Accordingly, the information should not be relied upon under any circumstances and Elders assumes no liability for any loss consequently suffered. If you would like to speak to someone for tailored advice relating to any of the matters referred to in this article, please contact Elders.

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