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 wool auction of 4,700 bales from the North Island saw mixed price movements with a generally steady market overall.
New Zealand Wool Services International general manager, John Dawson says that despite dramatic currency movements in some sectors, the weighted indicator for the main trading currencies eased only 1.53%, having limited impact on local prices.
He says that hand to mouth customer buying activity and limited seasonal wool volumes combined with current exporter shipping requirements, underpins the market presently.
Fine Crossbred Full Fleece and shorter shears were firm to 2.5% easier with longer shears up to 2% dearer.
Good style full Crossbred Fleece were 1% easier, average 1% firmer and poor firm to 1% cheaper.
Coarse Shears were firm to 2% easier with shorter types affected the most.
Long Lambs Fleece were firm to 1% dearer, with shorter types 1 to 3% cheaper. Long Oddments lifted by up to 3% with good colour
Short Oddments 1 to 2% easier and poor styles firm.
The auction saw limited activity with China principal, supported by Australasia, India, Middle East and Western Europe.
The next sale on May 7 comprises about 6700 bales from the South Island, down 32% on anticipated rostered quantities.
The low unemployment environment is one of the key factors driving on-farm salaries higher over the past 24 months, says Rabobank general manager for country banking Bruce Weir.
Fonterra has appointed a new chief financial officer, seven months after its last CFO’s shock resignation.
A seminar on rural dispute resolution has been organised at Lincoln University, Christchurch this month.
The legacy of Dr Peter Snow continues to inspire as the recipients of the 2023 and 2024 Peter Snow Memorial Awards were announced at the recent National Rural Health Conference.
One of Fonterra’s global customers, Mars is launching an ambitious sustainable dairy plan to work with dairy farmers and cut emissions by 50%.
Beef + Lamb New Zealand chief executive for the past eight years, Sam McIvor is heading for new pastures at Ospri, which runs NZ’s integrated animal disease management and traceability service.
OPINION: This old mutt well remembers the wailing, whining and gnashing of teeth by former West Coast MP and Labour…
OPINION: Your canine crusader gets a little fed up with the some in media, union hacks, opposition politicians and hard-core…