Wool-derived protein may help diabetes management
New research has provided insight into the functional potential of wool-derived protein, with an initial trial revealing it can influence how the body responds to insulin.
The 7800 bales of North Island wool on offer this week saw a 92% clearance with a firm market for the finer crossbred wools and lower levels for the coarser sector, NZ Wool Services International Ltd's marketing executive Paul Steel says.
The weighted indicator for the main trading currencies was 1.63% stronger than the last sale on December 6 which accounted for the lower levels, however in foreign currency terms the market was generally very firm.
Continued demand for quick shipment from the Chinese market kept the finer types under steady pressure, with the seasonally higher volumes of coarser types due on the market and stronger currency combining to impact on this sector.
Steel advises fine crossbred fleece and longer shears were firm with shorter types 1% to 2% easier. Full length coarse crossbred fleece was firm to 1.5% softer.
Coarse Shears were generally 1 to 2.5% cheaper with the shorter end affected the most.
Long oddments came under solid demand, lifting up to 4%. The shorter types ranged from 1.5 to 4% cheaper.
China was the principal, supported by India, Western Europe, United Kingdom and Australasia.
The next sale on Wednesday, December 19 comprises about 8200 bales from the North Island and 9800 bales from the South Island.
Analysis by Dunedin-based Techion New Zealand shows the cost of undetected drench resistance in sheep has exploded to an estimated $98 million a year.
Shipping disruption caused by Houthi rebels in the Red Sea has so far not impacted fertiliser prices or supply on farm.
The opportunity to spend more time on farm while providing a dedicated service for shareholders attracted new environmental manager Ben Howden to work for Waimakariri Irrigation Limited (WIL).
Federated Farmers claims that the Otago Regional Council is charging ahead unnecessarily with piling more regulation on rural communities.
Dairy sheep and goat farmers are being told to reduce milk supply as processors face a slump in global demand for their products.
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