Wool campaign making strides
A group set up to boost education and promotion of wool says it has made positive strides during the first year of its three-year strategy.
The North Island wool auction this week remained mostly firm except for the higher volume of shorter shears, which eased, compared to last week.
New Zealand Wool Services International Limited's marketing executive, Paul Steel reports that the weighted indicator for the main trading currencies eased slightly by 0.4% compared to the last sale on 7th May.
Of the 5,500 bales on offer, 98% sold.
Steel says that continued requirement for China saw the Fine Crossbred Shears range from firm to 2.5% dearer. Coarse Crossbred Full Fleece were firm to 2% stronger.
Longer Coarse Shears were 1 to 2.5% firmer with shorter shears, which made up over 50% of the offering, ranging from firm to 2% cheaper.
Long First Lambs fleece remained steady with shorter lamb's wool 1.5 to 2% easier.
Good colour short oddments were 1% cheaper with poor styles firm to 5% lower.
China dominated the auction, supported by Australasia, India, Western Europe and the Middle East.
The next sale on 21st May in the South Island is for approximately 10,000 bales, 4,000 bales above roster. The small volume of previous passed in wools held back by growers is coming forward for sale, attracted by recent improved local price levels.
South Waikato farm manager Ben Purua’s amazing transformation from gang life to milking cows was rewarded with the Ahuwhenua Young Maori Farmer award last night.
Bankers have been making record profits in the last few years, but those aren’t the only records they’ve been breaking, says Federated Farmers vice president Richard McIntyre.
The 2023-24 season has been a roller coaster ride for Waikato dairy farmers, according to Federated Farmers dairy section chair, Mathew Zonderop.
Ministry for Primary Industries (MPI) director general Ray Smith says job cuts announced this morning will not impact the way the Ministry is organised or merge business units.
Scales Corporation is acquiring a number of orchard assets from Bostock Group.
Family and solidarity shone through at the 75 years of Ferdon sale in Otorohanga last month.