Wool-derived protein may help diabetes management
New research has provided insight into the functional potential of wool-derived protein, with an initial trial revealing it can influence how the body responds to insulin.
The North Island wool auction this week remained mostly firm except for the higher volume of shorter shears, which eased, compared to last week.
New Zealand Wool Services International Limited's marketing executive, Paul Steel reports that the weighted indicator for the main trading currencies eased slightly by 0.4% compared to the last sale on 7th May.
Of the 5,500 bales on offer, 98% sold.
Steel says that continued requirement for China saw the Fine Crossbred Shears range from firm to 2.5% dearer. Coarse Crossbred Full Fleece were firm to 2% stronger.
Longer Coarse Shears were 1 to 2.5% firmer with shorter shears, which made up over 50% of the offering, ranging from firm to 2% cheaper.
Long First Lambs fleece remained steady with shorter lamb's wool 1.5 to 2% easier.
Good colour short oddments were 1% cheaper with poor styles firm to 5% lower.
China dominated the auction, supported by Australasia, India, Western Europe and the Middle East.
The next sale on 21st May in the South Island is for approximately 10,000 bales, 4,000 bales above roster. The small volume of previous passed in wools held back by growers is coming forward for sale, attracted by recent improved local price levels.
Analysis by Dunedin-based Techion New Zealand shows the cost of undetected drench resistance in sheep has exploded to an estimated $98 million a year.
Shipping disruption caused by Houthi rebels in the Red Sea has so far not impacted fertiliser prices or supply on farm.
The opportunity to spend more time on farm while providing a dedicated service for shareholders attracted new environmental manager Ben Howden to work for Waimakariri Irrigation Limited (WIL).
Federated Farmers claims that the Otago Regional Council is charging ahead unnecessarily with piling more regulation on rural communities.
Dairy sheep and goat farmers are being told to reduce milk supply as processors face a slump in global demand for their products.
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