Lanaco and Blueair Launch World-First NZ Wool Air Filter
New Zealand wool is reaching new heights as air filtration companies move away from synthetic products to biodegradable alternatives.
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.
Farmgate lamb prices are down by 8%, beef cattle by 4.5% and farm expenditure up by 4.2%.
Kiwifruit growers are watchful but remain optimistic as concerns around the potential effects of the El Niño weather pattern this season.
Almond hulls sourced from Australian orchards may have the potential to help New Zealand cows reduce emissions, boost milk yield and lower input costs.
Striking a balance between meeting the needs of industry to speed up approval time for products but on the other hand ensuring that risks are properly assessed.
Surprised, humbled and quite thrilled. That’s the reaction of James Allen, one of the founding partners and now chief executive of AgFirst, on being made a life member of the Institute of Rural Professionals.