Displaying items by tag: wool

The 7400 bales on offer in the North Island today saw strong demand due to the lack of wool as a result of drought and in particular in the South Island wet weather conditions delaying shearing.

The local market lifted significantly for the 10,400 bales on offer at the South Island sale this week, NZ Wool Services International Ltd's general manager, John Dawson says.

A slightly weaker NZ dollar, restricted wool supply and recent dearer wool markets in other countries aided the lift for most types at this weeks' South Island auction, says WSI's marketing executive, Paul Steel.

The 15,000 bales of South Island wool on offer this week saw an 82% clearance and a generally dearer market overall, fully recovering from the previous weeks' North Island softer sale on April 18.

A SHEEP breed which promises to add-value to both meat and wool was launched at last month’s South Island Agricultural Field Days.

The 9200 bales on offer at the South Island sale this week saw an 89% clearance with a generally firm to slightly dearer market, NZ Wool Services International Ltd's general manager, John Dawson says.

The combined North and South Island auction offering of 24,400 bales saw a 91% clearance and a firm to dearer market across the board, NZ Wool Services International Ltd's general manager, John Dawson reports.

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.