Tuesday, 30 July 2024 14:19

Fleeced!

Written by  The Hound

OPINION: A mate of yours truly has been getting quotes for new carpet in the lounge and, being a good keen man, he was looking first at wool carpet.

"Let's have wool!" he said.

He was duly quoted for "medium-quality wool carpet", $104 per square metre plus install costs.

"The carpet salesman took great delight in telling us that there are 48 ounces of wool per square yard. That's roughly 1.3kg of wool per square metre."

Based on current average crossbred prices of about $3.00/kg, our good keen man reckons the farmer's getting a bit under $4 per square metre for that $104 piece of carpet.

"Looks like wool farmers are being 'fleeced' - that's a hell of a mark up!" he said.

More like this

Keep it up

OPINION: The good fight against "banking wokery" continues with a draft bill to scrap the red tape forcing banks and financial institutions to make climate-related disclosures, by repealing Part 7A of the Financial Markets Conduct Act 2013.

We're OK!

OPINION: Despite the volatility created by the shoot-from-the-hip trade tariff 'stratefy' being deployed by the new state tenants in the White House, farm commodity prices are holding their own.

Inconvenient truth

OPINION: You would've missed this one if you rely on mainstream media for your news, but your old mate reckons credit should go where credit's due: Emissions by dairy cattle decreased by 1.6% according to the latest NZ Greenhouse Gas Inventory report.

Keep it real

OPINION: With the Government applying some fiscal discipline to scientific research funding, this mutt thinks it might be timely to look at what's still being done in the ag-science space.

Editorial: Making wool great again

OPINION: Otago farmer and NZ First MP Mark Patterson is humble about the role that he’s played in mandating government agencies to use wool wherever possible in new and refurbished buildings.

Featured

Case IH partners with Meet the Need

Tractor manufacturer and distributor Case IH has announced a new partnership with Meet the Need, the grassroots, farmer-led charity working to tackle food insecurity across New Zealand one meal at a time.

25 years on - where are they now?

To celebrate 25 years of the Hugh Williams Memorial Scholarship, Ravensdown caught up with past recipients to see where their careers have taken them, and what the future holds for the industry.

Rockit Global appoints COO

Rockit Global has appointed Ivan Angland as its new chief operating officer as it continues its growth strategy into 2025.

National

Machinery & Products

Iconic TPW Woolpress turns 50!

The company behind the iconic TPW Woolpress, which fundamentally changed the way wool is baled in Australia and New Zealand,…

» Latest Print Issues Online

The Hound

Keep it up

OPINION: The good fight against "banking wokery" continues with a draft bill to scrap the red tape forcing banks and…

We're OK!

OPINION: Despite the volatility created by the shoot-from-the-hip trade tariff 'stratefy' being deployed by the new state tenants in the…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter