A big win for wool!
State-owned social housing provider Kainga Ora is switching to wool carpet for its new homes.
A South Island offering of 8400 bales saw a generally firmer market this week and an 89% clearance rate, says New Zealand Wool Services International Ltd's marketing executive, Malcolm Ching.
The weighted indicator for the main trading currencies strengthened slightly by 0.39% compared to the last sale on February 23, having minimal impact.
Ching says a rise in customer activity in recent days has seen a previous flat market steady with some sectors showing strong activity, although there are wool types that are still struggling for support.
Fine crossbred fleece and shears were firm to 2.5% stronger with steady Chinese interest. Coarse full Fleece was well supported with levels remaining firm to 3% stronger. Longer shears, which were pressured last sale, eased back by up to 2%. Shorter shears were firm to 3% dearer. Fine Lambs fleece eased slightly with the longer coarser types firm to 3% stronger.
All oddments were 1.5 to 4% dearer. Well spread competition with China, Western Europe and India principals supported by Australasia, Middle East and United Kingdom.
The next sale on March 8 comprises about 17,700 bales from the North Island and 8600 bales from the South Island.
Showcasing the huge range of new technologies and science that is now available was one of the highlights at last week's National Fieldays.
Coby Warmington, 29, a farm manager at Waima Topu Beef near Hokianga was named at the winner of the 2025 Ahuwhenua Young Maori Farmer Award for sheep and beef.
Northlanders scooped the pool at this year's prestigious Ahuwhenua Trophy Awards - winning both the main competition and the young Maori farmer award.
Red meat farmers are urging the Government to act on the growing number of whole sheep and beef farm sales for conversion to forestry, particularly carbon farming.
The days of rising on-farm inflation and subdued farmgate prices are coming to an end for farmers, helping lift confidence.
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