increase font size
The 7400 bales on offer in the North Island today saw strong demand due to the lack of wool as a result of drought and in particular in the South Island wet weather conditions delaying shearing.
New Zealand Wool Services International Ltd's general manager John Dawson says the weighted indicator to the main currencies is unchanged compared to last South Island wool sale.
A reasonable offering of fine crossbred early shorn and second shear 3 to 5 inch and 3 to 4 inch wool of 35 and 36 micron were fully 4% dearer, whilst the shorter 2 to 4 and 2 to 3 inch were only 1% dearer.
Coarse crossbred fleece was 3 to 4% dearer. Coarse crossbred early shorn and second shear 3 to 5 and 3 to 4 inch were fully 3 to 4% dearer, with the shorter 2 to 4 and 2 to 3 inch 1% dearer.
A limited offering of lambs' wool was 2.5% dearer. Combing oddments which were of limited offering were 5% dearer, whilst a good selection of clothing oddments were firm.
Strong competition with China, Australasia Carpet Mills, Europe and the Indian continent.
The next sale on June 27 comprises about 13,000 bales from the North Island and 9500 bales from the South Island.
While wool returns continue in the doldrums, smart sheep farmers are looking for alternatives for a product that currently cost more to get off a sheep's back than it's worth. One such initiative is run by husband and wife team Hayden and Anastasia Tristram who farm at Wanstead in the Central Hawke's Bay. Mark Daniel reports.
New research has provided insight into the functional potential of wool-derived protein, with an initial trial revealing it can influence how the body responds to insulin.
South Canterbury farmer Angela Blair has delivered a petition to Parliament calling on the Government to reverse its decision to fit rural schools with synthetic carpet.
Thousands of students could benefit from a new initiative designed to simplify schools’ access to New Zealand wool carpets for their classrooms.
Wool carpet maker Bremworth's Napier plant remains offline following Cyclone Gabrielle in February, with the future of 136 workers still up in the air.
The country’s 4200 commercial fruit and vegetable growers will vote from May 14 on a new HortNZ levy.
Meat processor Alliance Group is asking farmer shareholders to inject more capital in order to remain a 100% co-operative.
A vet is calling for all animals to be vaccinated against a new strain of leptospirosis (lepto) discovered on New Zealand dairy farms in recent years.
Dairy
Rural banker Rabobank is partnering with Food Rescue Kitchen on a new TV series which airs this weekend that aims to shine a light on the real and growing issues of food waste, food poverty and social isolation in New Zealand.
Telco infrastructure provider Chorus says that it believes all Kiwis – particularly those in the rural areas – need access to high-speed, reliable broadband.
OPINION: The new government has clearly signalled big cuts across the public service.
OPINION: Your canine crusader is not surprised by the recent news that New Zealand plant-based ‘fake meat’ business is in…
