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.
Farmlands says that improved half-year results show that the co-op’s tight focus on supporting New Zealand’s farmers and growers is working.
Horticulture New Zealand (HortNZ) says that discovery of a male Oriental fruit fly on Auckland’s North Shore is a cause for concern for growers.
Fonterra says its earnings for the 2025 financial year are anticipated to be in the upper half of its previously forecast earnings range of 40-60 cents per share.
Beef + Lamb New Zealand (B+LNZ) is having another crack at increasing the fees of its chair and board members.
Livestock management tech company Nedap has launched Nedap New Zealand.
An innovative dairy effluent management system is being designed to help farmers improve on-farm effluent practices and reduce environmental impact.
OPINION: Ruth Richardson, architect of the 1991 ‘Mother of all Budgets’ and the economic reforms dubbed ‘Ruthanasia’, added her two…
OPINION: Why do vegans and others opposed to eating meat try to convince others that a plant based diet is…