Saibosi partners with Wools of New Zealand to showcase farm-to-floor wool rugs in China
Chinese textile company Saibosi has partnered with Wools of New Zealand to put the 'farm to floor' story of New Zealand wool rugs on screen for its customers.
PRIMARY WOOL Cooperative's profit of $1.9m for the 2013 financial year is the largest in the cooperative's 39-history, says chairman, Bay de Lautour.
An average of two members per week joined the cooperative in 2013, growing to three members per week in the first four months of the 2014 financial year, de Lautour says.
The 2013 profit represents 71c a share and comes from Primary Wool Cooperative's 50% share of Elders Primary Wool which de Lautour says has gained market share as farmers see the benefits of their wool being handled by an efficient broker and seeing half the profits returned to the 100% farmer owned cooperative.
Consistent rewards to members include a 5% dividend in 2012, a 10% dividend in 2013, the annual 3c/kg rebate and new high quality woolpacks at a significant discount, have clearly struck a chord with farmers.
The cooperative has sourced about 75,000 new wool packs and sells them to farmers at $4 each, less than the market rate for second-hand packs. "This is a reward to members and also a way of improving the presentation of the wool clip."
Primary Wool Cooperative supports industry-good programmes and is a significant funder of the Campaign for Wool in New Zealand. The cooperative will increase its spending on promotion and industry-good as its equity position continues to strengthen, de Lautour says.
Boutique Waikato cheese producer Meyer Cheese is investing in a new $3.5 million facility, designed to boost capacity and enhance the company's sustainability credentials.
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
Compensation assistance for farmers impacted by Mycoplama bovis is being wound up.
Selecting the reverse gear quicker than a lovestruck boyfriend who has met the in-laws for the first time, the Coalition Government has confirmed that the proposal to amend Fringe Benefit Tax (FBT) charged against farm utes has been canned.
Holstein Friesian excellence was front and centre at the 2025 Holstein Friesian NZ (HFNZ) Awards, held recently in Invercargill.
The work Fonterra has done with Ballance Agri-Nutrients Ltd, LIC and Ravensdown to save farmers time through better data connections has been recognised with a national award.
OPINION: Dust ups between rural media and PR types aren't unheard of but also aren't common, given part of the…
OPINION: The Hound hears from his canine pals in Southland that an individual's derogatory remarks on social media have left…