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The strong dollar, restricted off-shore interest and high volumes of one wool category on offer this week saw local prices ease.
The strong dollar, restricted off-shore interest and high volumes of one wool category on offer this week saw local prices ease.
New Zealand Wool Services marketing executive, Malcolm Ching says of the 12,180 bales on offer from the predominantly short second shear wools in the North Island, 77% sold.
The weighted currency indicator compared to the previous weeks' auction lifted 0.65%.
Ching advises that compared to the similar offering of North Island wools on June 9:
Fine crossbred shears were 2 to 4% cheaper.
Coarse crossbred full fleece were firm to 3.5% easier.
Coarse shears were down 3 to 6% with the shorter types affected the most.
Short first lambs were 2 to 4% softer.
Coarse short oddments were 2.5 to 5.5% cheaper.
There was limited interest with Australasia, Western Europe, United Kingdom principals, supported by India, Middle East and China.
The news sale on June 30 comprises about 11,300 bales from the South Island.
While wool returns continue in the doldrums, smart sheep farmers are looking for alternatives for a product that currently cost more to get off a sheep's back than it's worth. One such initiative is run by husband and wife team Hayden and Anastasia Tristram who farm at Wanstead in the Central Hawke's Bay. Mark Daniel reports.
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Telco infrastructure provider Chorus says that it believes all Kiwis – particularly those in the rural areas – need access to high-speed, reliable broadband.
World Veterinary Day falls on Saturday 27 April.
The Director General of MPI, Ray Smith says it's important for his department to celebrate the success of a whole range of groups and people around the country.
A small company which mobilised veterinarians around the country to deal with Mycoplasma bovis was one of the winners in this year's Biosecurity Awards, held at Parliament.
One of the country's top Māori sheep and beef farms is facing a five-year battle to get back to where it was before Cyclone Gabrielle struck just over 14 months ago.
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