Saibosi partners with Wools of New Zealand to showcase farm-to-floor wool rugs in China
Chinese textile company Saibosi has partnered with Wools of New Zealand to put the 'farm to floor' story of New Zealand wool rugs on screen for its customers.
The first South Island sale for the 2013/14 season saw small movements each way, but an overall firm market with an 89% clearance of the 8100 bales on offer, NZ Wool Services International Ltd's marketing executive, Paul Steel says.
The weighted indicator for the main trading currencies compared to the last sale on July 11 was practically unchanged, easing by only 0.33%.
Steel advises the mid micron fleece compared to last time sold on June were 27 1 to 3.5% cheaper in line with easing markets elsewhere. Fine crossbred fleece and long shears compared to the sale on July 11 were generally firm.
Shorter shears were firm to 2% dearer.
Coarse crossbred fleece, where comparable were generally firm to buyers favour. Longer coarse shears were up to 2% cheaper with shorter types 1 to 2% dearer.
Long First Lambs were 5 to 8% stronger with shorter types ranging from 1 to 5% dearer. All oddments were 1 to 2% easier.
There was competition with China, Western Europe and the Middle East principal, supported by India, Australasia, United Kingdom and Asia.
The next sale on July 25 comprises about 6800 bales from the North Island and 6300 bales from the South Island.
Kiwis love their butter, and that's great because New Zealand produces some of the best butter in the world. But when the price of butter goes up, it's tough for some, particularly when many other grocery staples have also gone up and the heat goes on co-operative Fonterra, the country's main butter maker. Here the co-op explains why butter prices are so high right now.
DairyNZ chair Tracy Brown has waded into the debate around soaring butter prices, pointing out that the demand for dairy overseas dictates the price to farmers and at the supermarket.
Farmers are welcoming new Government proposals to make farm health and safety rules more practical and grounded in real-world farming.
Missing fresh mozzarella cheese made at home in Bari, southern Italy, Massimo Lubisco and his wife Marina decided to bring a taste of home to New Zealand.
An A$2 billion bid for Fonterra's Oceania business would be great news, according to Forsyth Barr senior analyst, equities, Matt Montgomerie.
Irish meat processor Dawn Meats is set to acquire a 70% stake in Alliance Group, according to a report in The Irish Times.