Displaying items by tag: wool

The latest wool auction of 4,700 bales from the North Island saw mixed price movements with a generally steady market overall.

Most types of wool eased this week because of the strengthening NZ dollar and completed shipping requirements, says NZ Wool Services International Ltd’s marketing executive, Paul Steel.

The lower dollar is one of the main influences behind the present buoyant wool market but there are other positive indicators, says NZ Wool Services International’s Purelana manager Malcolm Ching.

The North Island sale saw prices lift on the back of a weaker New Zealand dollar and steady off-shore interest, NZ Wool Services International Ltd's marketing executive, Paul Steel, reports.

HIGHER SHEEP and beef prices seem set to buffer the drop in export earnings from dairying, according to the latest economic update from the Ministry for Primary Industries (MPI).

THE WOOL Research Organisation of New Zealand (WRONZ) is exploring whether it can pick up some industry-good activities proposed under the defeated wool levy.

WHILE THE decision of wool growers is clear, the wool levy referendum hasn’t put to bed the issues behind why it was held.

THE WOOL industry needs a leadership group, says Wools of NZ chairman Mark Shadbolt, who urges prompt talks on setting one up now that growers have rejected the proposed levy.

WOOL GROWERS have voted against the wool levy 43.2% to 56.8% preliminary results from Electionz.com show.

PRICES REMAINED firm overall at the South Island wool sale this week, says WSI general manager, John Dawson.