increase font size
The combined North and South Island auction offering of 24,400 bales saw a 91% clearance and a firm to dearer market across the board, NZ Wool Services International Ltd's general manager, John Dawson reports.
The weighted indicator for the main trading currencies was practically unchanged compared to the last sale on February 28, firming by 0.23%.
Dawson advises the fine crossbred fleece was generally slightly dearer with the shear types firm to 2% stronger.
Coarse crossbred fleece were firm to 6% stronger with the average and better style wools lifting the most. The coarse shears were firm to 3% stronger.
First lambs were also firm to 3% dearer. Oddments were 1.5 to 7% stronger with North Island wools gaining the most.
Limited competition with China dominated, supported by Australasia, Western Europe, India, Middle East and United Kingdom.
The next sale on March 14 comprises about 9,500 bales from the South Island.
The recently signed free trade agreement with India is an invitation to strengthen relationships between the New Zealand and Indian strong wool industries, says Wool Impact chief executive Andy Caughey.
Strong competition and tightening supply have seen wool reach its highest prices paid at auction since 2011.
A collaboration between two New Zealand companies will see wool used as a renewable colour source for 3D printing.
OPINION: A bumper season all around.
The conversion of productive farmland into trees has pretty much annihilated the wool industry.
Joshua Irving has been named the 2026 Ormond Nurseries North Canterbury Young Viticulturist of the Year.
Vets say they support the responsible use of virtual fencing and virtual herding technology for cattle and wants to work with farmers, manufacturers and government to help shape standards for future use backed by ongoing research to strengthen animal welfare outcomes.
National and world records tumbled as top Kiwi axeman claimed two Stihl Timbersports world titles at the same event in Budapest, Hungary over the first weekend in June.
A safety push across New Zealand has revealed significant gaps in hazardous substances management, farm vehicles, tractors, quad bikes and side-by-sides.
New Zealand farmers have earned a global edge by consistently yet cautiously taking advantage of emerging agri-technology.
New season data from LIC shows a strong reproductive performance for the 2025-26 season, with a lift in key metrics compared to last season.
OPINION: Central Hawke's Bay farmer Mark Warren recently told the Hawke's Bay Times it's time for a conversation about allowing…
OPINION: A nation that relies as heavily as NZ does on functional global shipping lanes will have to do its…
