increase font size
DESPITE A STRENGTHENING NZ dollar and a larger weekly offering of wool, the market was generally firm to dearer, says New Zealand Wool Services International Ltd's general manager, John Dawson.
Only lambs' fleece eased slightly and of the 20,000 bales on offer, 88% sold with growers not accepting current market levels for the balance.
Compared to the last South Island sale on February 27 the currency indicator was 1.15% higher but had minimal impact with demand and shipping requirements being the main market driver.
Dawson says fine crossbred fleece and shears were firm to 2% dearer. Coarse crossbred full fleece and shears were also firm to 2% dearer.
First lambs were firm to 2% cheaper. Oddments were firm to 2.5% stronger.
There was good competition with Australasia, Western Europe, United Kingdom and India principal, supported by China and the Middle East.
The next sale on March 13 comprises about 6600 bales from the South 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.
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.
Two major red meat sector projects are getting up to a combined $1.7 million in funding from the New Zealand Meat Board (NZMB).
Angus Barr and Tara Dwyer of The Wandle, Lone Star Farms in Strath Taieri have been named the Regional Supreme Winners at the Otago Ballance Farm Environment Awards in Dunedin.
OPINION: The distress that the politicians and bureaucrats are causing to the people of Wairoa and the wider Tairāwhiti is unforgivable.
Dairy
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.
OPINION: The new government has clearly signalled big cuts across the public service.
OPINION: Your canine crusader is not surprised by the recent news that New Zealand plant-based ‘fake meat’ business is in…
