increase font size
THE LIMITED offering of 6000 bales of South Island wool on offer saw a 90% clearance with most types increasing 2 to 4%, New Zealand Wool Services International 's general manager John Dawson reports.
Compared to the last sale on April 25 the weighted indicator for the main trading currencies hardly changed, firming 0.16%, having minimal impact on local prices.
Dawson reports ongoing supply issues due to severe weather events has disrupted wool flows with limited volumes now available over the coming weeks as winter approaches, pressuring exporters to find sufficient volumes to meet contracted shipping schedules.
Fine crossbred full fleece were 2 to 4% dearer. Longer fine crossbred shears were 3 to 4% stronger with shorter types ranging from 1 to 4% firmer.
Crossbred full fleece, good and poor styles lifted 3 to 4% with average styles improving 2%.
Coarse shears were 2 to 4% dearer. First Lambs ranged from firm to 4% stronger.
Long oddments were strongly contested, lifting 6 to 8%. Good colour short oddments were 4 to 6% with poor styles increasing 5 to 10%.
Main interest came from China, Australasia and India, supported by Middle East, Western Europe and United Kingdom.
The next sale on May 15 comprises about 8600 bales from the North Island.
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.
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.
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.
Thousands of students could benefit from a new initiative designed to simplify schools’ access to New Zealand wool carpets for their classrooms.
Wool carpet maker Bremworth's Napier plant remains offline following Cyclone Gabrielle in February, with the future of 136 workers still up in the air.
Fonterra has cemented its position as the country’s number one cheesemaker by picking up nine NZ Champion of Cheese trophies this year.
New Zealand dairy processors are welcoming the Government’s commitment to continuing to push for Canada to honour its trade commitments.
An educational programme, set up by Beef + Land New Zealand, to connect farmers virtually with primary and intermediate school students has reported the successful completion of its second year.
The Food and Agriculture Organisation of the United Nations (FAO) has welcomed a resolution adopted by the United Nations (UN) General Assembly to declare 2026 International Year of the Woman Farmer.
Waikato herd health veterinarian Katrina Roberts is the 2024 Fonterra Dairy Woman of the Year.
Horticulture NZ chief executive Nadine Tunley will step down in August.
