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 limited offering of 4200 bales from the South Island on offer this week saw a 58% clearance and a generally firmer market, New Zealand Wool Services International Ltd's general manager, John Dawson reports.
The weighted indicator for the main trading currencies increased by 0.42%.
Dawson advises a small selection of Mid Micron wools followed other market trends and eased between 4 to 6%.
Fine crossbred fleece and shears were firm to sellers favour.
Coarse crossbred fleece were firm to 1.5% dearer. Coarse early shorn were firm with longer shears firm to 1.5% stronger and shorter shears firm to 3% dearer.
First lambs and long crossbred oddments remained firm with short oddments generally in buyers' favour.
There was limited activity with many growers reluctant to sell at current levels. Main competition came from China, India and Western Europe, supported by Middle East and Australasia.
The next sale on August 16 comprises about 7500 bales from the North Island and 6300 bales from the South Island.
Irish meat processor Dawn Meats is set to acquire a 70% stake in Alliance Group, according to a report in The Irish Times.
New Zealand's red meat sector says the United States' decision to increase tariffs on New Zealand exports is disappointing.
Waikato-Bay of Plenty farmer Hugh Jackson recently secured this year’s FMG Young Farmer of the Year title in Invercargill.
From nitrogen limits to ecosystem restoration –farmers and catchment groups are leading a new wave of environmental care, says DairyNZ.
OPINION: The Government's decision to stop local authorities going ahead with reviews of district and regional plans makes sense for several reasons.
With June ending and following the most upbeat National Fieldays for several years, tractor dealers are reporting a lift in sales.