Cut with care
OPINION: The new government has clearly signalled big cuts across the public service.
The combined North and South Island Wool Auction comprising 13,900 bales saw a 90% clearance despite a firmer NZ dollar, New Zealand Wool Services International Ltd's general manager, John Dawson reports.
HAWKE’S BAY dairy farmers Nick and Nicky Dawson are proud to stand up for their industry. The Patoka couple, who farm in an equity partnership on two farms northwest of Napier, were winners of the LIC Dairy Farm Award in this year’s East Coast Ballance Farm Environment Awards.
The combined North and South Island wool auction saw a 79% clearance, the highest this season, with prices generally increasing across the board.
The limited offering of 4200 bales from the South Island on offer this week saw a 58% clearance and a generally firmer market, New Zealand Wool Services International Ltd's general manager, John Dawson reports.
Renewed interest from China saw the finer types well supported in the combined North and South Island wool sales comprising 15,200 bales, NZ Wool Services International Ltd's, general manager, John Dawson reports.
Compared to last week's North Island auction on the May 17 the weaker New Zealand dollar and restricted supplies, coupled with renewed overseas buying, combined to lift prices for the 7885 bales of South Island wool on offer this week, New Zealand Wool Services International Ltd's general manager, John Dawson advises.
Targeted types such as some first lambs fleece and oddments resisted a generally weaker market last week, says New Zealand Wool Services International Ltd's general manager, John Dawson.
This week's North Island offering comprising 9,600 bales saw most sectors ease again except the finer lambs fleece, NZ Wool Services International Ltd's general manager, John Dawson says.
OPINION: The new government has clearly signalled big cuts across the public service.
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