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.
Comparative market reporting based on the radically disparate volumes and types on offer between alternate weeks offerings of North and South Island wools is becoming increasingly difficult, says New Zealand Wool Services International Ltd's general manager, John Dawson.
There are wide price ranges between the selling centres, he says
Compared to the last sale on June 14 the weighted indicator for the main trading currencies is up 2.29% accounting for most of the softer market week last week with 65% of the offering selling.
Dawson reports that last week's South Island offering compared to the week before's North Island sale was generally firm to 4% easier. Longer Fine Crossbred Shears were firm to 3% softer with the shorter types resisting the trends and firming up to 4%.
Coarse Crossbred Fleece was also firm to 4% down. Coarse Shears 2/4 and longer ranged from 2 to 5% easier with the shorter types 1.5% dearer.
First Lambs were 2 to 5% down. Coarse Oddments were 3 to 4% cheaper.
When compared to the previous South Island offering on June 7, levels range from firm to 6% cheaper, however the price wool is trading at internationally is relative to the North Island market movement and currency impact.
Limited competition with China, United Kingdom and Western Europe principals, supported by India, Middle East and Australasia.
Next sale on June 28 comprises about 13,600 bales from the North Island and 6,200 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.