Thursday, 03 March 2016 19:19

Wool market remains strong

Written by 
The wool market remains strong. The wool market remains strong.

The wool market in both the North and South Island continues to show resilience.

New Zealand Wool Services International Limited chief executive officer John Dawson says that new business and shipping requirements for older contracts combined to keep all types well supported.

Crossbred Fleece types ranged from 1% cheaper to 5% dearer across both Islands, as did Second Shear and Lamb types.

Good competition prevailed with China, Western Europe and Australasia dominating.

The next sale takes place on 10 March in the South Island only. It will consist of approximately 8,000 bales.

More like this

Oz farmers' election wishlist

Australian farmers advocate NFF says this year’s Federal Election will be a defining moment for Australian agriculture.

China still a good option

The ongoing rise of the Chinese middle class will drag up demand for New Zealand products there in the future.

Featured

Editorial: Climate dilemma

OPINION: The farming sector, or at least some parts of it, are preparing for a battle with the Government over its latest international climate change target.

Certainty welcomed

There's been very little reaction to the government science reform announcement, with many saying the devil will be in the detail.

Science 'deserves more funding'

A committee which carried out the review into New Zealand's science system says the underinvestment will continue to compromise the country's future.

» Latest Print Issues Online

The Hound

Ruth reckons

OPINION: Ruth Richardson, architect of the 1991 ‘Mother of all Budgets’ and the economic reforms dubbed ‘Ruthanasia’, added her two…

Veg, no meat?

OPINION: Why do vegans and others opposed to eating meat try to convince others that a plant based diet is…

» eNewsletter

Subscribe to our weekly newsletter