Wool campaign making strides
A group set up to boost education and promotion of wool says it has made positive strides during the first year of its three-year strategy.
The more varied offering at this weeks' South Island auction saw targeted buying with better demand for the longer wools.
New Zealand Wool Services International Ltd's chief executive John Dawson reports that of the 5,800 bales on offer 61% sold, reflecting the general slow-down in new orders coming forward and exporters only buying for immediate requirements.
The continuing strengthening of the New Zealand dollar saw the weighted currency indicator lift 1.87% week on week, limiting market opportunities.
Dawson advises that compared to the South Island sale on June 30, Mid Micron Fleece were 1 to 2.5% cheaper with Fine Crossbred Fleece down 3.5%.
Compared to the North Island sale on July 7, Longer Finer Crossbred Shears were 2 to 4% dearer with shorter shears firm to 1% cheaper.
Coarse Crossbred Full Fleece, good and average styles were 1 to 1.5% easier with poor styles 3 to 5% dearer.
Coarse Second Shears 2 to 4 inches to 3 to 5 inches were 2 to 5% firmer with shorter types firm.
Long Oddments remained firm with good colour short oddments 2 to 4% dearer.
Limited activity with Australasia and Middle East principals, supported by Western Europe, China and India.
Next sale on July 21 comprises about 6,000 bales from the North Island.
One of Fonterra’s global customers, Mars is launching an ambitious sustainable dairy plan to work with dairy farmers and cut emissions by 50%.
Beef + Lamb New Zealand chief executive for the past eight years, Sam McIvor is heading for new pastures at Ospri, which runs NZ’s integrated animal disease management and traceability service.
The world's largest wool scouring facility, WoolWorks Awatoto plant in Napier, is back operating at full capacity.
A year on and the problems created by Cyclones Hale and Gabrielle has largely dropped off the radar of media and politicians.
Feeling forgotten and in a fragile space financially and mentally.
Horticulture NZ chief executive Nadine Tunley will step down in August.