Wools of New Zealand signs major deal in China
Wools of New Zealand has signed a partnership agreement with a leading Chinese manufacturer as the company looks to further grow demand in China and globally.
Former Beef+Lamb chair James Parsons has been elected as chair of Wools of New Zealand (WNZ).
Parsons – is a beef and sheep farmer located in Northland and well known for his past chairmanship of Beef & Lamb NZ and The New Zealand Meat Board. He joined the WNZ Board in November 2019 after being elected by growers at the 2019 AGM.
Interim chair Rebecca Smith created the vacancy when she stepped down from her role of chair but remains as a director.
“Strong wool prices have been through a period of decline for the last two decades and COVID-19 has seen prices crash to an all-time low,” Parsons says. “Yet, WNZ research shows that the price that the consumer pays has not changed, and woolen products are still considered premium products by many.”
He says the current state of the industry is unsustainable at current price levels.
“WNZ is well placed with international representatives and strong partnerships in market.”
The board of Wools New Zealand comprises James Parsons as chair, Craig Hickson, Ian Marshall and Rebecca Smith. Directors who have vacated their positions this year include Mark Shadbolt and Lucy Griffiths.
Meat co-operative, Alliance has met with a group of farmer shareholders, who oppose the sale of a controlling stake in the co-op to Irish company Dawn Meats.
Rollovers of quad bikes or ATVs towing calf milk trailers have typically prompted a Safety Alert from Safer Farms, the industry-led organisation dedicated to fostering a safer farming culture across New Zealand.
The Government has announced it has invested $8 million in lower methane dairy genetics research.
A group of Kiwi farmers are urging Alliance farmer-shareholders to vote against a deal that would see the red meat co-operative sell approximately $270 million in shares to Ireland's Dawn Meats.
In a few hundred words it's impossible to adequately describe the outstanding contribution that James Brendan Bolger made to New Zealand since he first entered politics in 1972.
Dawn Meats is set to increase its proposed investment in Alliance Group by up to $25 million following stronger than forecast year-end results by Alliance.
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