Furore as Kāinga Ora rules out wool carpets
State housing provider, Kāinga Ora’s decision to rule out the use of wool carpets in social housing has been described as a slap in the face by sheep farmers.
The 7250 bales of North Island wool on offer saw a 72% clearance with most types easing further.
NZ Wool Services International Ltd’s marketing executive Malcolm Ching reports that some good colour types resisted this trend as buyers continue very focused buying with targeted better style wools getting more support.
The weighted indicator for the main trading currencies was 0.64% lower than last week’s sale, having minimal positive impact.
Ching advises that subdued demand and continued uncertainty around new market interest in coming weeks, is restricting buying activity.
Compared to the last similar North Island selection on November 10: Good colour fine crossbred fleece were 1 to 2% dearer with average/poor styles 3 to 7% cheaper. Good colour fine crossbred shears 3 / 5 and 3 / 4 inches were 2.5 to 5.5%t easier with 2 / 4 and 2 / 3 inches firm to 5% dearer. All poorer style fine crossbred shears were 3.5 to 7% cheaper.
Good colour coarse crossbred fleece were firm with poorer styles 7 to 8% cheaper. Coarse shears 3 / 5 to 2 / 4 inches were 1 to 5% cheaper with 2 / 3 inches 1.5% dearer.
Short oddments ranged from 7 to 13% cheaper.
Competition was limited with Australasia, Western Europe and China principals, supported by Middle East, India and the United Kingdom.
Next sale on December 1 comprises about 4550 bales from the South Island.
Construction is underway at Fonterra’s new UHT cream plant at Edendale, Southland following a groundbreaking ceremony recently.
The New Zealand Veterinary Association (NZVA) has launched a new summer checklist for animal owners this year.
The Amuri Basin Future Farming (ABFF) Project in North Canterbury is making considerable strides in improving irrigation efficiency, riparian management, and environmental innovation.
A Farmlands shareholder is questioning the rural trader’s decision to more than double its annual card fee.
The Brandt Hastings team, joined by Rudolph the Red-Nose Rein ‘Deere’, spread holiday cheer this week at the Hawke’s Bay Hospital children’s ward.
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