Wool-derived protein may help diabetes management
New research has provided insight into the functional potential of wool-derived protein, with an initial trial revealing it can influence how the body responds to insulin.
The strong dollar, restricted off-shore interest and high volumes of one wool category on offer this week saw local prices ease.
New Zealand Wool Services marketing executive, Malcolm Ching says of the 12,180 bales on offer from the predominantly short second shear wools in the North Island, 77% sold.
The weighted currency indicator compared to the previous weeks' auction lifted 0.65%.
Ching advises that compared to the similar offering of North Island wools on June 9:
Fine crossbred shears were 2 to 4% cheaper.
Coarse crossbred full fleece were firm to 3.5% easier.
Coarse shears were down 3 to 6% with the shorter types affected the most.
Short first lambs were 2 to 4% softer.
Coarse short oddments were 2.5 to 5.5% cheaper.
There was limited interest with Australasia, Western Europe, United Kingdom principals, supported by India, Middle East and China.
The news sale on June 30 comprises about 11,300 bales from the South Island.
The Climate Change Commission wants the new Government to reduce NZ Emissions Trading Scheme (ETS) auction volumes as son as possible.
Southland-based Mataura Valley Milk can now lay claim to be the first all-electric dairy factory in New Zealand.
Dairy sheep and goat farmers are being told to reduce milk supply as processors face a slump in global demand for their products.
Meat co-operative Alliance Group has bagged four gold medals at the Outstanding NZ Food Producer Awards, achieving top honours for every cut entered.
There is increasing evidence that dairy demand is on the upswing, according to Rabobank senior agricultural analyst Emma Higgins.
Fertiliser use in New Zealand over the 18 months is about 25% down from what it consistently was for the previous decade or more, says Ravensdown chief operating officer Mike Whitty.
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