Now that the circus surrounding the Budget’s release has subsided, Milking It makes the following observations about some of its…
The more varied offering at this weeks' South Island auction saw targeted buying with better demand for the longer wools.
The ongoing fallout from the Brexit result, continued minimal activity from China and a strong New Zealand dollar have compounded to make significant inroads into local wool values.
The strong dollar, restricted off-shore interest and high volumes of one wool category on offer this week saw local prices ease.
A $21 million wool research partnership may go public on a new product or products from wool within the next six to 12 months that will use millions of tonnes of wool.
The high volume of short second shears eased slightly at the latest NZ Wool Services International's auction compared to the last North Island auction on May 12, says chief executive John Dawson.
Tekapo farmer Martin Murray can claim the country's best fleece for 2016, having won the Royal Agricultural Society Golden Fleece competition on his third attempt.