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 South Island sale of 8565 bales comprising a wide range of wool types saw good support with 78% of the offering selling.
NZ Wool Services International Ltd’s chief executive John Dawson reports the a weakening NZ dollar compared to the main trading currencies saw the weighted indicator easing 1.1% compared to last week, giving a small amount of support to local prices.
Dawson advises pressure for quick shipment of orders and the diverse wool types on offer attracted good support, helping underpin the market.
Compared to last time offered at the South Island sale on September 22 merino fleece 16 to 19 microns were firm to 1.5% cheaper with 20 to 23 microns generally 1.5% easier and mid micron fleece 25 microns were 1% dearer with 25.5 to 29 microns 1 to 4% cheaper.
Compared to the North Island sale on September 29 fine crossbred fleece 32 to 35 microns were firm with early shorn and second shears 3 to 5 and 3 to 4 inches also remaining firm. Shears 2 to 4 inches were 2 to 3.5% cheaper with 2 to 3 inches firm to 1% cheaper.
Coarse crossbred full fleece were firm for good colour and 1% dearer for average colour.
Longer coarse shears were firm with 2 to 4 inches 3.5 to 5.5% cheaper and 2 to 3 inches 2.5% easier.
Short oddments were 4 to 6% cheaper with faulted lines discounted the most.
The next sale on October 20 comprises about 5600 bales from the North Island and 8150 bales from the South 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.
OPINION: This old mutt well remembers the wailing, whining and gnashing of teeth by former West Coast MP and Labour…
OPINION: Your canine crusader gets a little fed up with the some in media, union hacks, opposition politicians and hard-core…