Cut with care
OPINION: The new government has clearly signalled big cuts across the public service.
The first South Island sale for the 2013/14 season saw small movements each way, but an overall firm market with an 89% clearance of the 8100 bales on offer, NZ Wool Services International Ltd's marketing executive, Paul Steel says.
New Zealand's dairy producers are gearing up for a better season on the back of higher commodity prices, according to a visiting dairy analyst.
The 7400 bales on offer in the North Island today saw strong demand due to the lack of wool as a result of drought and in particular in the South Island wet weather conditions delaying shearing.
The local market lifted significantly for the 10,400 bales on offer at the South Island sale this week, NZ Wool Services International Ltd's general manager, John Dawson says.
A slightly weaker NZ dollar, restricted wool supply and recent dearer wool markets in other countries aided the lift for most types at this weeks' South Island auction, says WSI's marketing executive, Paul Steel.
The 15,000 bales of South Island wool on offer this week saw an 82% clearance and a generally dearer market overall, fully recovering from the previous weeks' North Island softer sale on April 18.
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 combined North and South Island Wool auction comprising 15,300 bales saw some variation in price levels between types and selling centres compared to last sale on January 31, however overall the market generally steadied, says New Zealand Wool Services International Ltd's general manager, John Dawson reports.
Prices were generally lower for most categories when 19,700 bales went offer from this week's combined North and South Island auction which saw an 80% clearance, NZ Wool Services International Ltd's general manager, John Dawson reports.
New Zealand milk production has stayed stronger for longer than anticipated, matching the exceptional prior-year comparables will become more difficult beyond Christmas, says Rabobank's quarterly report.
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…