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 7800 bales of North Island wool on offer this week saw a 92% clearance with a firm market for the finer crossbred wools and lower levels for the coarser sector, NZ Wool Services International Ltd's marketing executive Paul Steel says.
The weighted indicator for the main trading currencies was 1.63% stronger than the last sale on December 6 which accounted for the lower levels, however in foreign currency terms the market was generally very firm.
Continued demand for quick shipment from the Chinese market kept the finer types under steady pressure, with the seasonally higher volumes of coarser types due on the market and stronger currency combining to impact on this sector.
Steel advises fine crossbred fleece and longer shears were firm with shorter types 1% to 2% easier. Full length coarse crossbred fleece was firm to 1.5% softer.
Coarse Shears were generally 1 to 2.5% cheaper with the shorter end affected the most.
Long oddments came under solid demand, lifting up to 4%. The shorter types ranged from 1.5 to 4% cheaper.
China was the principal, supported by India, Western Europe, United Kingdom and Australasia.
The next sale on Wednesday, December 19 comprises about 8200 bales from the North Island and 9800 bales from the South Island.
South Waikato farm manager Ben Purua’s amazing transformation from gang life to milking cows was rewarded with the Ahuwhenua Young Maori Farmer award last night.
Bankers have been making record profits in the last few years, but those aren’t the only records they’ve been breaking, says Federated Farmers vice president Richard McIntyre.
The 2023-24 season has been a roller coaster ride for Waikato dairy farmers, according to Federated Farmers dairy section chair, Mathew Zonderop.
Ministry for Primary Industries (MPI) director general Ray Smith says job cuts announced this morning will not impact the way the Ministry is organised or merge business units.
Scales Corporation is acquiring a number of orchard assets from Bostock Group.
Family and solidarity shone through at the 75 years of Ferdon sale in Otorohanga last month.
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…