NZ wool filters chosen by global air purifier maker
In a breakthrough for New Zealand wool technology, woollen air filters by local company Lanaco, will be used by Unilever-owned air purifier manufacturer Blueair.
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.
Federated Farmers says it welcomes the announcement of extra Government support for farmers and growers in Southland and parts of Otago after the region was hit by severe wet weather.
ASB has become the first bank to forecast a milk price above $9/kgMS for this season.
The Meat Industry Association (MIA) and Beef + Lamb New Zealand (B+LNZ) say they welcome the announcement that the European Union’s Deforestation-free supply chains Regulation (EUDR) will be delayed by 12 months.
Waikato-based milk processor Tatua has announced a final 2023-24 season payout of $10.50/kgMS for its farmer shareholders, again topping the payout stakes among NZ milk processors.
Tucked away in a remote part of the central North Island, staff at a Pāmu (Landcorp) farm are working hard to solve one of the biggest challenges facing the dairy and beef sectors.
OPINION: Fonterra deserves a pat on the back for delivering another solid set of financial results.
OPINION: Listening to the hysterical reportage of gun law reforms being pushed through by Associate Minister of Justice Nicole McKee,…
OPINION: Massey University has long been, and still is, a core part of the NZ farming scene, training the next…