Sheep shearers are a hot commodity in Australia right now as producers try to capitalize on higher wool prices after a generations-long slump.

Falling off the sheep’s back: Why Australia can’t capitalize on record wool prices

A long-awaited surge in wool prices has met a shortage in key personnel and a low sheep count

Sheep farmers in rural Australia waited more than half a century for wool prices to come roaring back, only to find there aren’t enough shearers to trim their golden fleeces. “Once upon a time you could go down to the local pub and arrange for some fellas to come in and start almost immediately —



(PortMetroVancouver.com)

Final version of Trans-Pacific trade deal released

Wellington/Sydney | Reuters — The final version of a landmark deal aimed at cutting trade barriers in some of the Asia-Pacific’s fastest-growing economies was released on Wednesday, signalling the pact was a step closer to reality even without its star member the U.S. More than 20 provisions have been suspended or changed in the final



(LCBO.com)

Australia takes Canada to WTO over wine rules

Geneva | Reuters — Australia has complained at the World Trade Organization about Canada’s rules on wine sales, expanding a similar U.S. complaint against one province. In October, Washington accused British Columbia of providing an unfair advantage to local vineyards by giving their wine an exclusive retail channel in grocery store shelves and cutting out

(LDCom.com)

Dreyfus to sell Australian fertilizer unit to Agrium

Paris/Winnipeg | Reuters — Global commodity trader Louis Dreyfus has agreed to sell its fertilizer business to Canada’s Agrium as it continues an overhaul in response to tough agricultural markets. Louis Dreyfus is to sell Macrofertil Australia, which has annual sales of around US$120 million, to Agrium’s Australian unit Landmark Operations in a deal expected