Wool campaign making strides
A group set up to boost education and promotion of wool says it has made positive strides during the first year of its three-year strategy.
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.
The low unemployment environment is one of the key factors driving on-farm salaries higher over the past 24 months, says Rabobank general manager for country banking Bruce Weir.
Fonterra has appointed a new chief financial officer, seven months after its last CFO’s shock resignation.
A seminar on rural dispute resolution has been organised at Lincoln University, Christchurch this month.
The legacy of Dr Peter Snow continues to inspire as the recipients of the 2023 and 2024 Peter Snow Memorial Awards were announced at the recent National Rural Health Conference.
One of Fonterra’s global customers, Mars is launching an ambitious sustainable dairy plan to work with dairy farmers and cut emissions by 50%.
Beef + Lamb New Zealand chief executive for the past eight years, Sam McIvor is heading for new pastures at Ospri, which runs NZ’s integrated animal disease management and traceability service.