Wool Impact CEO Andy Caughey calls for greater use of natural fibres in NZ buildings
Andy Caughey of Wool Impact says a lot of people in NZ have been saying it's crazy that we are not using natural fibres in our buildings and houses.
The 4700 bales on offer saw a 74% clearance with mixed results, however all prices paid locally are still above last week’s North Island auction levels, NZ Wool Services International chief executive John Dawson reports.
The weighted currency indicator is up 0.91% having a slight negative impact .
Dawson advises the market continues to be dominated by very targeted buying with better style wools still attracting most attention.
Compared to the last similar South Island selection on November 17;
Merino fleece were 3.5 to 12% dearer.
Mid Micron fleece saw varied results with specific brackets targeted, ranging from 2% cheaper to 3.5% dearer.
Fine crossbred fleece were 4% dearer.
Coarse full fleece and shears were 1 to 4% easier, however compared to last week’s North Island sale were 1 to 7.5% dearer.
Oddments were 3 to 12% cheaper in the South, but compared to the north were 7 to 10% dearer.
Competition was limited with China principals supported by Western Europe, Australasia and the Middle East.
The next sale on December 8 comprises about 9200 bales from the North Island.
The chair of Beef + Lamb NZ, Kate Acland says the rush appears to be on to purchase farms and convert them to forestry before new rules limiting this come into effect.
New Zealand farmers will face higher urea prices this year, mainly on the back of tight global supply and a weak Kiwi dollar.
Andy Caughey of Wool Impact says a lot of people in NZ have been saying it's crazy that we are not using natural fibres in our buildings and houses.
Former chief executive of Beef+Lamb New Zealand Scott Champion will head the Foundation for Arable Research (FAR) from July.
Avian flu getting into New Zealand's poultry industry is the biosecurity threat that is most worrying for Biosecurity Minister Andrew Hoggard.
The annual domestic utilisation of wool will double to 30,000 tonnes because of the edict that government agencies should use woollen fibre products in the construction of new and refurbished buildings.
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