Displaying items by tag: wool

The 9400 bales on offer in the South Island this week saw a 91% clearance and an overall stronger market, says NZ Wool Services International Ltd's general manager, John Dawson.

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.

From Bruce Wills, president of Federated Farmers

"The New Zealand wool industry is currently weak and fragmented to the point of being dysfunctional," writes Sandra Faulkner in her Nuffield Farming Scholarship report.

WHILE THE hot, dry weather that’s hit Hawkes Bay has caused grief to many sheep farmers, it’s been a bonus for wool.

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.

With over two million square metres of floorcoverings needed for the Christchurch rebuild, Federated Farmers believes strong wool should be given a leading role.

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.

The combined North and South Island Wool Sale offering of 16,850 bales saw a softening in price levels as pressure from urgent shipping requirements came off, New Zealand Wool Services International Ltd's general manager John Dawson says.

The combined North and South Island first wool auction for 2013 resulted in a strong market based on recent increased buying interest particularly from China, New Zealand Wool Services International Ltd’s general manager, John Dawson says.

WE SHOULD give thanks for those fearless souls who still believe they can save the strong-wool industry. As those who have gone before have found, the path to this salvation can be unforgiving.