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 first South Island sale for the 2013/14 season saw small movements each way, but an overall firm market with an 89% clearance of the 8100 bales on offer, NZ Wool Services International Ltd's marketing executive, Paul Steel says.
The weighted indicator for the main trading currencies compared to the last sale on July 11 was practically unchanged, easing by only 0.33%.
Steel advises the mid micron fleece compared to last time sold on June were 27 1 to 3.5% cheaper in line with easing markets elsewhere. Fine crossbred fleece and long shears compared to the sale on July 11 were generally firm.
Shorter shears were firm to 2% dearer.
Coarse crossbred fleece, where comparable were generally firm to buyers favour. Longer coarse shears were up to 2% cheaper with shorter types 1 to 2% dearer.
Long First Lambs were 5 to 8% stronger with shorter types ranging from 1 to 5% dearer. All oddments were 1 to 2% easier.
There was competition with China, Western Europe and the Middle East principal, supported by India, Australasia, United Kingdom and Asia.
The next sale on July 25 comprises about 6800 bales from the North Island and 6300 bales from the South Island.
The low unemployment environment is one of the key factors driving on-farm salaries higher over the past 24 months, says Rabobank general manager for country banking Bruce Weir.
Fonterra has appointed a new chief financial officer, seven months after its last CFO’s shock resignation.
A seminar on rural dispute resolution has been organised at Lincoln University, Christchurch this month.
The legacy of Dr Peter Snow continues to inspire as the recipients of the 2023 and 2024 Peter Snow Memorial Awards were announced at the recent National Rural Health Conference.
One of Fonterra’s global customers, Mars is launching an ambitious sustainable dairy plan to work with dairy farmers and cut emissions by 50%.
Beef + Lamb New Zealand chief executive for the past eight years, Sam McIvor is heading for new pastures at Ospri, which runs NZ’s integrated animal disease management and traceability service.