KiwiBrothersTM make their China debut
Zespri has unveiled the award-winning KiwiBrothersTM mascots in China for the first time to market its large kiwifruit crop.
John Dawson, CEO of NZWSI, reports that the South Island sale this week saw a strong market with steady support.
Of the 9,250 bales on offer, 84.4% sold.
The weighted indicator for the main trading currencies was down 0.72% compared to the last sale on 17th September, helping hold up local price levels.
Dawson advises that in line with other Merino-growing markets, local prices for Merino Fleece 18 to 23.5 microns saw a slight easing. Compared to the last sale on 10th September, prices were 2 to 6% cheaper.
Mid Micron from 24 to 28.5 microns were firm to 1.5% cheaper. Compared to the sale of 17th September, Fine Crossbred Full Fleece were 2.5% firmer and shear types 2 to 4% dearer, with the very short types under the most pressure.
Coarse Fleece were up to 2% firmer with Coarse shears firm to 2% dearer.
Oddments were firm to 2% stronger.
There is still competition with China continuing to dominate, supported by Western Europe, Middle East, Australasia, and very limited activity from India and the United Kingdom.
The next sale on 1st October comprises approximately 6,000 bales from the North Island.
Rural trader PGG Wrightson has revised its operating earnings guidance, saying trading conditions have deteriorated since the last market update in February.
It's been a bumper season for maize and other supplements in the eastern Bay of Plenty.
Leading farmers from around New Zealand connected to share environmental stories and inspiration and build relationships at the Dairy Environment Leaders (DEL) national forum in Wellington last month.
AgriZeroNZ, a joint venture fast-tracking emissions reduction tools for farmers, is pouring $5 million in a biotech company to develop a low emissions farm pasture with increased productivity gains.
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
Te Awamutu dairy farmers Doug, Penny, Josh and Bayley Storey have planted more than 25,000 native trees on the family farm, adding to a generations-old native forest.