Displaying items by tag: price

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.

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 market held up fairly well for the last of the larger offerings of this season with 22,700 bales on offer and an 84% clearance, New Zealand Wool Services International Ltd's general manager, John Dawson reports.

NONE OF the proposed changes to the Dairy Industry Restructuring Act will reduce the retail price of milk, say farmers.

Wool prices are under pressure as large volumes of New Zealand wool comes on to the markets during January to March, says Cedric Bayly, general manager of PGG Wrightson Wool.