Wool-derived protein may help diabetes management
New research has provided insight into the functional potential of wool-derived protein, with an initial trial revealing it can influence how the body responds to insulin.
A NEAR 2% rally in the New Zealand dollar against the main wool trading currencies was reflected in corresponding slide in prices at this week’s combined North and South Island auction, says Wool Services International.
Following falls averaging 4% at each of the two previous sales, it brings the overall fall this month to about 10%.
Of 16,500 bales offered at Wednesday’s (December 21) sale, 76% sold with Chinese, Australasian and European buyers the principals, supported by sparing interest from the Middle East and India.
WSI general manager John Dawson said mid micron fleece was firm to 2% easier except for the 29.5 to 30.5 micron bracket which dropped 6-9%.
Fine crossbred fleece and shears, 32 to 35 micron, were firm to 2% cheaper while coarse crossbred fleece and shears, 36 micron and coarser, were generally 1.5% easier. However, poorer styles in the North Island eased up to 5%.
Coarse long oddments saw lifts of up to 5% in the South and a firm to 2% drop in the North. Clothing oddments weakened 3-6% with the North Island affected the most.
The next auction is January 12, with 14,400 bales from the North and 9,600 bales from the South expected to be offered.
Analysis by Dunedin-based Techion New Zealand shows the cost of undetected drench resistance in sheep has exploded to an estimated $98 million a year.
Shipping disruption caused by Houthi rebels in the Red Sea has so far not impacted fertiliser prices or supply on farm.
The opportunity to spend more time on farm while providing a dedicated service for shareholders attracted new environmental manager Ben Howden to work for Waimakariri Irrigation Limited (WIL).
Federated Farmers claims that the Otago Regional Council is charging ahead unnecessarily with piling more regulation on rural communities.
Dairy sheep and goat farmers are being told to reduce milk supply as processors face a slump in global demand for their products.
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