Thursday, 26 November 2015 14:57

Mixed wool market

Written by 
The North Island auction received mixed support with the stronger NZ dollar having a limited impact in some areas. The North Island auction received mixed support with the stronger NZ dollar having a limited impact in some areas.

New Zealand Wool Services International's chief executive John Dawson says the North Island auction received mixed support with the stronger NZ dollar having a limited impact in some areas.

Of the 6,500 bales on offer 97.5% sold.

The weighted indicator for the main trading currencies was up 1.35% compared to the last sale on 19th November, accounting for a corresponding local market reduction in some sectors.

Dawson advises that the finer end of the Fine Crossbred Fleece were up to 1.5% dearer with the stronger end buyer's favour.

Fine Crossbred Shears 3 to 5 and 3 to 4 inches were firm to 2.5% cheaper with the shorter lengths firm to 2% dearer.

Coarse Crossbred Full Fleece were 1.5% cheaper with Coarse Shears firm to 2% dearer.

Long Oddments remained firm with shorter oddments 3 to 7% cheaper.

Lambs Fleece were nominally unchanged.

Well spread competition with China and Australasia principals supported by Western Europe, Middle East, India and the United Kingdom.

Next sale on 3 December will comprise of approximately 5,000 bales from the South Island with the North Island sale cancelled due to weather affecting shearing.

More like this

Carpet maker's blast from the past

Following its announcement earlier this year of quitting synthetics and only using 100% NZ wool, carpet manufacturer Cavalier Bremworth has now also changed its name.

Dispelling wool's myths

Paul Alston believes that when comparing wool and synthetic carpets, wool wins every time.

Keeping shearing sheds safe

With safety at the forefront of all farm activity, there is no better time than now to assess the safety in your shearing shed.

Featured

Good growth year for Claas

While many sectors of the agricultural machinery were hit by the ravages of Covid-19, the effects of the pandemic did not prevent the privately-owned Claas Group from enjoying a 3.7% increase in sales during 2020.

Green machine frugal on fuel

According to the industry respected independent DLG PowerMix test, John Deere appears to be the best choice of tractor for transport applications with its new 7R330 model.

 

App takes pressure off

TRS Tyre & Wheel, owned by Trelleborg Wheel Systems, has introduced the TLC Plus App to the New Zealand market.

Government to fund more Jobs for Nature

The Government’s Jobs for Nature funding is being made available to conservation groups and landowners, says Minister for Conservation Kiri Allan.

New MF 5S series arrives

Just before Christmas, Massey Ferguson quietly released details of the successor to its popular MF 5700S range in the shape of the new 5S Series.

» The RNG Weather Report

» Latest Print Issues Online

The Hound

Seriously?

Your old mate reckons the nomination of the New Zealand Dairy Industry Awards (NZDIA) management team as a finalists in…

Good riddance!

The Hound reckons 2021 is off to a rollicking start with news that professional whinger and anti-farming drone Martin Taylor…

» eNewsletter

Subscribe to our weekly newsletter