Saturday, 28 May 2016 10:29

North Island wool levels steady

Written by 
The high volume of short second shears eased slightly at the latest NZ Wool Services International's auction. The high volume of short second shears eased slightly at the latest NZ Wool Services International's auction.

The high volume of short second shears eased slightly at the latest NZ Wool Services International's auction compared to the last North Island auction on May 12, says chief executive John Dawson.

Apart from that there were minimal changes.Of the 8,600 bales on offer 88% sold. Currency had minimal impact with the weighted indicator for the main trading currencies down only 0.47% week on week.

Dawson says the listed volumes of fine crossbred longer shears were 1 to 2% dearer with the shorter types firm to 2% easier.

Coarse crossbred fleece were firm to 2.5% dearer. Longer coarse shears were firm to 2% firmer with the high volumes of short shears on offer 1 to 2% easier.

Fine first lambs were firm to 3% dearer with coarse lambs 3 to 4% cheaper. Oddments were firm to 5% easier.

There are now quite disparate price levels between the limited type selection and styles in the North Island and the more varied offering from the South Island making direct comparisons difficult.

There was good competition with Australasia, Western Europe and United Kingdom principal, supported by Middle East, India and China.

The next sale on June 2 comprises about 6,500 bales from the South Island.

More like this

Flock House and its secrets

Plans are in place to celebrate the 100th anniversary of the legendary Flock House opening its doors for the first time.

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.

On a mission to add value to wool

While wool returns continue in the doldrums, smart sheep farmers are looking for alternatives for a product that currently cost more to get off a sheep's back than it's worth. One such initiative is run by husband and wife team Hayden and Anastasia Tristram who farm at Wanstead in the Central Hawke's Bay. Mark Daniel reports.

Wool petition hits Parliament

South Canterbury farmer Angela Blair has delivered a petition to Parliament calling on the Government to reverse its decision to fit rural schools with synthetic carpet.

Featured

Donated tractors welcome news

When Cyclone Gabrielle hit in February 2023, it left an estimated $13.5 billion worth of damage across New Zealand.

More choice with new distribution deal

Having taken over from the previous distributor, who represented the brand for two decades, Landini New Zealand marks the beginning of a new distribution deal with Norwood, with a first look at Fieldays.

» Latest Print Issues Online

The Hound

Thanks Chuck!

OPINION: After six years of being passed over for every Arts luvvie in the Queen’s Birthday Honours, agriculture has finally…

Not biased

OPINION: Reactions to Budgets are always predictable, following well-worn tracks laid down by political tribalism and ideology.

» eNewsletter

Subscribe to our weekly newsletter