Furore as Kāinga Ora rules out wool carpets
State housing provider, Kāinga Ora’s decision to rule out the use of wool carpets in social housing has been described as a slap in the face by sheep farmers.
The 5100 bales of South Island wools on offer this week through the Wool Services International auction saw strong competition and a 90.5% clearance.
The weaker NZ dollar compared to last sale on October 29 aided local prices, with the weighted currency indicator down 1.43%, says WSI marketing executive, Malcolm Ching.
Ching says the less stylish merino fleece compared to the last time offered on October 22 saw the 19.5 micron and finer wools up to 6% cheaper with 20 to 23.5 microns up to 3% firmer.
Mid micron fleece 24 to 26 microns was 1 to 4% dearer with 27 to 29.5 microns strongly contested, lifting 8%.
Compared to the North Island sale on October 29, fine crossbred fleece 32 to 35 microns was 3 to 6% dearer with shear types 1.5 to 5% dearer. Coarse full fleece was 4 to 5% stronger with 3 to 5 and 3 to 4 inch shears 1.5 to 3% firmer. Shorter types eased by 1.5%. Long oddments were 4 to 6% dearer with shorter types 1 to 5% dearer.
There was good competition with China and Western Europe supporting the fine wool sector, China dominating the fine crossbreds and Australasia strongly supporting the coarse wools. Limited support came from Western Europe, Middle East and India.
The next sale on November 12 comprises about 5100 bales from the North Island.
European milk processors are eyeing more cheese and milk powder exports into South America following a landmark trade agreement signed last month.
Two European dairy co-operatives are set to merge and create a €14 billion business.
DairyNZ's Kirsty Verhoek ‘walks the talk’, balancing her interests in animal welfare, agricultural science and innovative dairy farming.
"We at Ministry for Primary Industries (MPI) and you at Dairy News said over six months ago that the dairy industry would bounce back, and it has done so with interest.”
Wairarapa sheep and beef farmer Karen Williams is the new chief executive of Irrigation New Zealand.
Whole milk powder prices on Global Dairy Trade (GDT) remains above long run averages and a $10/kgMS milk price for the season remains on the card, says ASB senior economist Chris Tennent-Brown.
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