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.
New Zealand Wool Services International CEO John Dawson says the strengthened New Zealand dollar has negatively impacted at this week's South Island sale with most types easing in local terms.
The weighted indicator for the main trading currencies has lifted 2.97 percent compared to the last North Island sale on 1st October and 4.67 percent against the previous South Island sale.
Of the 8,423 bales on offer 75.4 percent sold.
Dawson reports that compared to the South Island sale on 24th September, Merino Fleece 17 to 23.5 microns were 2 to 6 percent cheaper in-line with currency movements and high seasonal volumes.
Mid Micron Fleece 24 to 27 microns were 2 to 4 percent cheaper with 28 to 30.5 microns down 7 to 9 percent.
Compared to the North Island sale on 1st October, Fine Crossbred Full Fleece 31.5 and 32 microns were 3 to 4 percent dearer with 32.5 and 33 microns up to 9.5 percent dearer as limited volumes pressured this segment. Fine Crossbred Second Shears 32 to 35 microns were generally 1.5 to 5 percent cheaper with shorter types under continued pressure.
Coarse Crossbred Fleece were up to 1 percent easier.
Coarse Second Shears were 1.5 to 2.5 percent cheaper.
Short Oddments were down 1.5 to 3.5 percent.
Well spread interest with Western Europe and China dominating the Fine Wool sector with Australasia and China strong on the fine and coarse crossbred wools, supported by Middle East, United Kingdom and India sparingly.
Next sale on 15th October comprises approximately 5,000 bales down 30 percent on anticipated roster volumes.
Ravensdown shareholders have elected Jane Montgomery and Kate Acland to the Ravensdown Board for three-year terms, following a closely contested director election.
Federated Farmers says new legislation replacing the Resource Management Act will cut red tape, unlock investment and help grow New Zealand's export-led economy, after the Planning Bill and Natural Environment Bill passed their third reading in Parliament yesterday.
Leading figures from the major political parties will be questioned on their primary sector policies at the Rural Issues Debate at Mystery Creek Events Centre, Hamilton, on 30 September.
OPINION: Have a plan in place now!
Beef + Lamb New Zealand (B+LNZ) says it welcomes the passage of the Natural Environment Bill and Planning Bill, calling the bills a positive step for sheep and beef farmers.
A spate of southerly winds bringing cold temperatures has presented challenges for Taranaki dairy farmers.

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