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.
Minister of Conservation Hon Tama Potaka has appointed Susan O'Regan as Chair of the Queen Elizabeth II National Trust (QEII) for a three-year term.
Red meat farmers are welcoming Labour’s plan to review the Emissions Trading Scheme and not to campaign on pricing agricultural emissions.
Where any worker in the kiwifruit industry is mistreated, we expect the authorities to take action.
Mid Canterbury Federated Farmers arable chair, Bevan Lill, said Beef + Lamb NZ data indicated that for the last six years, the average arable return on investment was about 0.8% while inflation ran about 4% - so the average arable farm was going backwards at about 3% a year.
Seed and grain companies share the concerns of arable farmers about the viability of their sector, says Seed and Grain New Zealand chief executive Dr Sarah Clark.
The New Zealand Institute of Forestry (NZIF) says unnecessary changes to New Zealand’s Emissions Trading Scheme (NZ ETS) will seriously erode investor confidence and result in significant reductions in forest planting rates.