Top wool advocate bales out
The conversion of productive farmland into trees has pretty much annihilated the wool industry.
A versatile and stylish South Island selection on offer this week saw most types well supported, despite a slightly firmer NZ dollar, says NZ Wool Services International's chief executive John Dawson.
Compared to the last sale on November 26 the indicator for the main trading currencies was up 1.05% only having minimal impact in some quarters.
Dawson advises that compared to the last time sold on November 19, merino fleece 20.5 microns and finer were firm to 1.5% easier with 21 to 23.5 microns 1 to 3% dearer.
Mid micron fleece 24 to 29.5 microns were 1% dearer.
Compared to the sale on November 26;
Fine crossbred full fleece 32 and 33 microns were up to 5% cheaper with 34 and 35 microns 1% dearer. Fine crossbred shears were firm to 2.5% cheaper.
Coarse crossbred full fleece 36 microns and coarser were firm to 1% firmer.
All shear types remained firm.
Good colour short oddments were firm to 3% dearer.
There was well spread interest with China and Australasia dominating, supported by Western Europe, Middle East, United Kingdom and India sparingly.
The next sale on December 10 comprises about 9,200 bales in the North Island, including the wools from this week's cancelled sale.
Many farmers around the country are taking advantage of the high dairy payout to get maximum production out of their cows.
In 2015, the signing of a joint venture between St Peter's School, Cambridge, and Lincoln University saw the start of an exciting new chapter for Owl Farm as the first demonstration dairy farm in the North Island. Ten years on, the joint venture is still going strong.
Sheep milk processor Maui Milk is on track to record average ewe production of 500 litres by 2030, says outgoing chief executive Greg Hamill.
Parliamentary Commissioner for the Environment Simon Upton is calling for cross-party consensus on the country's overarching environmental goals.
Changes to New Zealand’s postal service has left rural communities disappointed.
Alliance is urging its farmer-shareholders to have their say on the proposed $250 million strategic investment partnership with Dawn Meats Group.
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