Top wool advocate bales out
The conversion of productive farmland into trees has pretty much annihilated the wool industry.
The wool market was generally down this week due to a combination of strained exporter cash flows, slower demand and a slightly stronger dollar, New Zealand Wool Services International's general manager, John Dawson says.
The Auckland port dispute further impacted on exporter cash flows with some deferred shipping due to lack of containers.
South Island price levels have now come more into line with their North Island counterparts.
The weighted indicator for the main trading currencies compared to the last sale on the March 22 was marginally stronger by 0.5%.
Compared with last week's South Island sale Crossbred Fleece was generally up to 5% cheaper, Early Shorn Second Shear 2.5% cheaper and Short Length Second Shear 2.5 to 5% cheaper. Lambs were up to 3% cheaper. Oddments were 2.5 to 5% cheaper. Compared with last week's North Island sale prices were generally firm with the exception of Lambs which are still 1% above North Island values.
The next sale on the April 4 comprises approximately 12,000 bales of North Island wool.
NZPork has appointed Auckland-based Paul Bucknell as its new chair.
The Government claims to have delivered on its election promise to protect productive farmland from emissions trading scheme (ETS) but red meat farmers aren’t happy.
Foot and Mouth Disease outbreaks could have a detrimental impact on any country's rural sector, as seen in the United Kingdom's 2000 outbreak that saw the compulsory slaughter of over six million animals.
The Ministry for the Environment is joining as a national award sponsor in the Ballance Farm Environment Awards (BFEA from next year).
Kiwis are wasting less of their food than they were two years ago, and this has been enough to push New Zealand’s total household food waste bill lower, the 2025 Rabobank KiwiHarvest Food Waste survey has found.
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