Top wool advocate bales out
The conversion of productive farmland into trees has pretty much annihilated the wool industry.
CONCERNS OVER Europe’s economy has hit wool consumer and processor confidence, making many buyers stand out of the market, says Wool Services International.
That resulted in an average 4% easing in prices at yesterday’s (December 8) auction. With sellers reluctant to accept lower market levels 31% was passed in.
Currency played little part, the weighted indicator for the main trading currencies being just 0.14% up since last week’s auction.
WSI says fine crossbred full fleece as well as 3/5 and 3/4 inch shears were 3 to 4% softer with the shorter types discounted by 5 to 8%.
Coarse crossbred fleece was 3.5 to 5% easier with longer shears 3 to 6% cheaper and 2/4 and 2/3 inch shears 6 to 7% weaker.
Coarse combing oddments ranged from 5 to 8% cheaper. Clothing oddments 2/4 inch resisted the trend and increased by 1%, but shorter types were up to 4% softer.
China and Australasia dominated the buying.
The next sale, December 15, comprises approximately 6,600 bales from the North Island and 6,900 bales from the South Island, which is 9,000 bales less than the anticipated rostered quantities.
NZPork has appointed Auckland-based Paul Bucknell as its new chair.
The Government claims to have delivered on its election promise to protect productive farmland from emissions trading scheme (ETS) but red meat farmers aren’t happy.
Foot and Mouth Disease outbreaks could have a detrimental impact on any country's rural sector, as seen in the United Kingdom's 2000 outbreak that saw the compulsory slaughter of over six million animals.
The Ministry for the Environment is joining as a national award sponsor in the Ballance Farm Environment Awards (BFEA from next year).
Kiwis are wasting less of their food than they were two years ago, and this has been enough to push New Zealand’s total household food waste bill lower, the 2025 Rabobank KiwiHarvest Food Waste survey has found.
OPINION: Sir Lockwood Smith has clearly and succinctly defined what academic freedom is all about, the boundaries around it and the responsibility that goes with this privilege.
OPINION: For years, the ironically named Dr Mike Joy has used his position at Victoria University to wage an activist-style…
OPINION: A mate of yours truly has had an absolute gutsful of the activist group SAFE.