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.
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.
Most dairy regions around the country have had a pretty good season so far says Tracy Brown.
Rural leader Mark Hooper has been appointed as an independent director to the NZPork board, bringing extensive farming, governance and advocacy experience to the role.
Opportunity says its land value tax (LVT) is unlikely to force farmers into a position where asset sales or increased debt are required.
Milk powder prices are keeping farmgate prices up, helping processors offset the dip in milk fat prices.
Climate, nature and animal wellbeing make up Fonterra's refreshed sustainability roadmap released last week.
The Government is introducing a new nationwide rural recycling scheme that will significantly increase the recovery of farm plastics from March next year, Minister for the Environment Nicola Grigg announced today.

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