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John Dawson, CEO of NZWSI, reports that the South Island sale this week saw a strong market with steady support.
Of the 9,250 bales on offer, 84.4% sold.
The weighted indicator for the main trading currencies was down 0.72% compared to the last sale on 17th September, helping hold up local price levels.
Dawson advises that in line with other Merino-growing markets, local prices for Merino Fleece 18 to 23.5 microns saw a slight easing. Compared to the last sale on 10th September, prices were 2 to 6% cheaper.
Mid Micron from 24 to 28.5 microns were firm to 1.5% cheaper. Compared to the sale of 17th September, Fine Crossbred Full Fleece were 2.5% firmer and shear types 2 to 4% dearer, with the very short types under the most pressure.
Coarse Fleece were up to 2% firmer with Coarse shears firm to 2% dearer.
Oddments were firm to 2% stronger.
There is still competition with China continuing to dominate, supported by Western Europe, Middle East, Australasia, and very limited activity from India and the United Kingdom.
The next sale on 1st October comprises approximately 6,000 bales from the North Island.
Three men have been sentenced in District Courts after Ministry for Primary Industries prosecutions over animal welfare, food safety and cattle tracing offences.
Fonterra’s 2026 financial year was a year of delivery, with record volumes of milk collected, processed and shipped by the co-op.
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Dairy farmers, still holding onto their Fonterra shares despite switching milk supply elsewhere or exiting the industry, now face a stricter share sell-down requirement.
Hamilton-based agritech company Aimer Farming has completed a $3 million capital raise to support its next stage of growth, including a beef farming product due to launch in 2027.
When dairy manager Miriam Lauridsen learned the farm, she was joining held weekly health and safety meetings, she initially thought that was “a bit over the top”. Experiencing that culture changed her mind.

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