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.
Less Wellington bureucracy and more local, on-farm common sense was the focus of recent meetings held in South Canterbury as part of the Government's National Woolshed tour program.
'A lot of interest and positive responses' appears to be the way farmers are viewing the Government's initiative to hold a series of woolshed meetings around the country.
A Southland farming leader wants the regional council to delay a proposed regional rates hike, much of which is intended to fund flood protection works.
Rural Women New Zealand (RWNZ) says access to personal banking services in rural communities is fundamental to promoting outcomes that benefit Kiwi consumers.
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.
Meat processor ANZCO Foods says despite a challenging business environment, it has posted a net profit before tax of $61 million for 2023.