Wool campaign making strides
A group set up to boost education and promotion of wool says it has made positive strides during the first year of its three-year strategy.
The more varied offering at this weeks' South Island auction saw targeted buying with better demand for the longer wools.
New Zealand Wool Services International Ltd's chief executive John Dawson reports that of the 5,800 bales on offer 61% sold, reflecting the general slow-down in new orders coming forward and exporters only buying for immediate requirements.
The continuing strengthening of the New Zealand dollar saw the weighted currency indicator lift 1.87% week on week, limiting market opportunities.
Dawson advises that compared to the South Island sale on June 30, Mid Micron Fleece were 1 to 2.5% cheaper with Fine Crossbred Fleece down 3.5%.
Compared to the North Island sale on July 7, Longer Finer Crossbred Shears were 2 to 4% dearer with shorter shears firm to 1% cheaper.
Coarse Crossbred Full Fleece, good and average styles were 1 to 1.5% easier with poor styles 3 to 5% dearer.
Coarse Second Shears 2 to 4 inches to 3 to 5 inches were 2 to 5% firmer with shorter types firm.
Long Oddments remained firm with good colour short oddments 2 to 4% dearer.
Limited activity with Australasia and Middle East principals, supported by Western Europe, China and India.
Next sale on July 21 comprises about 6,000 bales from the North Island.
South Waikato farm manager Ben Purua’s amazing transformation from gang life to milking cows was rewarded with the Ahuwhenua Young Maori Farmer award last night.
Bankers have been making record profits in the last few years, but those aren’t the only records they’ve been breaking, says Federated Farmers vice president Richard McIntyre.
The 2023-24 season has been a roller coaster ride for Waikato dairy farmers, according to Federated Farmers dairy section chair, Mathew Zonderop.
Ministry for Primary Industries (MPI) director general Ray Smith says job cuts announced this morning will not impact the way the Ministry is organised or merge business units.
Scales Corporation is acquiring a number of orchard assets from Bostock Group.
Family and solidarity shone through at the 75 years of Ferdon sale in Otorohanga last month.
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