fbpx
Print this page
Friday, 04 December 2015 13:46

Wool generally steady

Written by 
A versatile and stylish South Island selection on offer this week saw most types well supported, despite a slightly firmer NZ dollar. A versatile and stylish South Island selection on offer this week saw most types well supported, despite a slightly firmer NZ dollar.

A versatile and stylish South Island selection on offer this week saw most types well supported, despite a slightly firmer NZ dollar, says NZ Wool Services International's chief executive John Dawson.

Compared to the last sale on November 26 the indicator for the main trading currencies was up 1.05% only having minimal impact in some quarters.

Dawson advises that compared to the last time sold on November 19, merino fleece 20.5 microns and finer were firm to 1.5% easier with 21 to 23.5 microns 1 to 3% dearer.

Mid micron fleece 24 to 29.5 microns were 1% dearer.

Compared to the sale on November 26;

Fine crossbred full fleece 32 and 33 microns were up to 5% cheaper with 34 and 35 microns 1% dearer. Fine crossbred shears were firm to 2.5% cheaper.

Coarse crossbred full fleece 36 microns and coarser were firm to 1% firmer.

All shear types remained firm.

Good colour short oddments were firm to 3% dearer.

There was well spread interest with China and Australasia dominating, supported by Western Europe, Middle East, United Kingdom and India sparingly.

The next sale on December 10 comprises about 9,200 bales in the North Island, including the wools from this week's cancelled sale.

More like this

On a mission to add value to wool

While wool returns continue in the doldrums, smart sheep farmers are looking for alternatives for a product that currently cost more to get off a sheep's back than it's worth. One such initiative is run by husband and wife team Hayden and Anastasia Tristram who farm at Wanstead in the Central Hawke's Bay. Mark Daniel reports.

Wool petition hits Parliament

South Canterbury farmer Angela Blair has delivered a petition to Parliament calling on the Government to reverse its decision to fit rural schools with synthetic carpet.

Featured

Vaccinate against new lepto strain

A vet is calling for all animals to be vaccinated against a new strain of leptospirosis (lepto) discovered on New Zealand dairy farms in recent years.

TV series to combat food waste

Rural banker Rabobank is partnering with Food Rescue Kitchen on a new TV series which airs this weekend that aims to shine a light on the real and growing issues of food waste, food poverty and social isolation in New Zealand.

National

Celebrating success

The Director General of MPI, Ray Smith says it's important for his department to celebrate the success of a whole…

Cyclone's devastating legacy

One of the country's top Māori sheep and beef farms is facing a five-year battle to get back to where it…

Machinery & Products

Factory clocks up 60 years

There can't be many heavy metal fans who haven’t heard of Basildon, situated about 40km east of London and originally…

PM opens new Power Farming facility

Morrinsville based Power Farming Group has launched a flagship New Zealand facility in partnership with global construction manufacturer JCB Construction.