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.
New Zealand Wool Services International's chief executive John Dawson says a slightly easier NZ dollar and limited wool volumes combined with steadier enquiry, saw most categories well supported.
Of the 5,700 bales on offer, 92% sold.
The weighted indicator for the main trading currencies compared to last sale weakened 0.94%, helping underpin local prices.
Dawson advises that compared to the sale on 5th November, Merino Fleece were generally firm to 2% dearer. Mid Micron Fleece were firm to 3% dearer.
Compared to the 12 November sale, Fine Crossbred Fleece were 1 to 4% dearer, longer shears firm to 4% dearer and shorter types firm to 2.5% easier.
Coarse Crossbred Full Fleece were up to 1.5% dearer.
Long Coarse Shears and very short shears eased 1.5% with 3 to 4 and 2 to 4 inch shears firm to 1.5% firmer.
Oddments were 3 to 6% dearer.
Good competition with China principals, supported by Western Europe and Australasia with limited interest from elsewhere.
Next sale on 26November comprises approximately 5,900 bales from the North Island.
Farmlands says that improved half-year results show that the co-op’s tight focus on supporting New Zealand’s farmers and growers is working.
Horticulture New Zealand (HortNZ) says that discovery of a male Oriental fruit fly on Auckland’s North Shore is a cause for concern for growers.
Fonterra says its earnings for the 2025 financial year are anticipated to be in the upper half of its previously forecast earnings range of 40-60 cents per share.
Beef + Lamb New Zealand (B+LNZ) is having another crack at increasing the fees of its chair and board members.
Livestock management tech company Nedap has launched Nedap New Zealand.
An innovative dairy effluent management system is being designed to help farmers improve on-farm effluent practices and reduce environmental impact.
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