Wool campaign making strides
A group set up to boost education and promotion of wool says it has made positive strides during the first year of its three-year strategy.
The latest combined North and South Island wool auction saw a 91% clearance and a generally firm market, says NZWSI general manager, John Dawson.
The auction comprised 20,585 bales.
The weighted indicator for the main trading currencies was down 1.47% compared to the last sale on 11th June helping underpin local values.
Dawson advises that Finer Mid Micron Fleece were 3 to 6% easier with the coarser types firm to 2% dearer.
Fine Crossbred Fleece and Shears, which had been under pressure for the Chinese market, eased 2 to 6%.
Coarse Crossbred Full Fleece were firm in the South Island and ranged from firm to 3.5% cheaper in the North. Longer Coarse Shears were 1 to 2.5% cheaper with the short types 1 to 2% dearer.
First Lambs were 1 to 3% easier.
Long Oddments were firm to 3% dearer with short oddments ranging between 1 to 7% stronger.
The end of season sale was well supported with China, Australasia and the Middle East principals, supported by India, Western Europe and the United Kingdom.
The first sale for the 2015/16 season on 9th July, comprises approximately 9,400 bales from the North Island.
'A lot of interest and positive responses' appears to be the way farmers are viewing the Government's initiative to hold a series of woolshed meetings around the country.
A Southland farming leader wants the regional council to delay a proposed regional rates hike, much of which is intended to fund flood protection works.
Rural Women New Zealand (RWNZ) says access to personal banking services in rural communities is fundamental to promoting outcomes that benefit Kiwi consumers.
A group set up to boost education and promotion of wool says it has made positive strides during the first year of its three-year strategy.
Meat processor ANZCO Foods says despite a challenging business environment, it has posted a net profit before tax of $61 million for 2023.
Horticulture NZ chief executive Nadine Tunley will step down in August.
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