Displaying items by tag: wool

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.

Wools of New Zealand has extended the deadline for its share offer to wool growers to 5pm, February 25 2013 to ensure growers have been given as much time as possible to consider and connect to the offer.

The 7800 bales of North Island wool on offer this week saw a 92% clearance with a firm market for the finer crossbred wools and lower levels for the coarser sector, NZ Wool Services International Ltd's marketing executive Paul Steel says.

The combined North and South Island sale comprising 14,100 bales saw a 91.2% clearance with an overall firm market tone, says NZ Wool Services International Ltd's general manager, John Dawson.