Displaying items by tag: markets

Last night's Global Dairy Trade auction saw the average price index fall for the fourth consecutive time, dropping 3.5% to US$2,515.

Lamb wool has been the ‘rock star’ this season, with values about $1 above last year, according to Wool Services International’s Malcolm Ching.

The latest wool auction of 4,700 bales from the North Island saw mixed price movements with a generally steady market overall.

Tractor sales in New Zealand last year hit a ten-year high and Waikato played its part.

Snapshot of the wool markets for March 2015

Snapshot of the lamb markets for March 2015

Snapshot of the  beef markets for March 2015

Snapshot of the markets for March 2015

The lower dollar is one of the main influences behind the present buoyant wool market but there are other positive indicators, says NZ Wool Services International’s Purelana manager Malcolm Ching.

NEW ZEALAND meat exports reached a record high of $5.3 billion in 2013-14 – up $480m on the previous season - driven by high average values.