Saibosi partners with Wools of New Zealand to showcase farm-to-floor wool rugs in China
Chinese textile company Saibosi has partnered with Wools of New Zealand to put the 'farm to floor' story of New Zealand wool rugs on screen for its customers.
Continued shipping pressure for China kept finer crossbreds firm at the latest wool auction however coarse wools eased as volumes available increased, says Paul Steel of NZWSI.
The weighted indicator remained unchanged compared to the last sale on May 21. Of the 8,900 bales on offer, 94% sold.
Steel says that fine crossbred longer shears remained firm with shorter types lifting between 2% and 6%. Good colour coarse fleece were firm to 1.5% easier, average style firm and poor colour 2.5% to 5.5% dearer.
Long coarse shears were firm to 3.5% cheaper with shorter types down 4% to 6%.
Long lambs fleece were 3.5% dearer, 2 to 4 inches up 1% to 2% with shorter types firm to 4% cheaper. Long oddments were 4% to 7% dearer with good colour short oddments 4% dearer and poor colour 3% to 6% easier.
Good competition with China continues to dominate, supported by Australasia, India, Middle East and Western Europe.
The next sale on June 4 comprises about 7,100 bales from the South Island.
Fertiliser co-operative Ballance has written down $88 million - the full value of its Kapuni urea plant in Taranaki - from its balance sheet in the face of a looming gas shortage.
The Government and horticulture sector have unveiled a new roadmap with an aim to double horticulture farmgate returns by 2035.
Canterbury farmers and the Police Association say they are frustrated by proposed cuts to rural policing in the region.
The strain and pressure of weeks of repairing their flood-damaged properties is starting to tell on farmers and orchardists in the Tasman district.
The sale price of Fonterra’s global consumer and associated businesses to the world’s largest dairy company Lactalis has risen to $4.22 billion.
Alliance Group's proposal to sell a 65% shareholding to Ireland's Dawn Meats won't solve the red meat industry's structural problems, says former Federated Farmers meat and wool chair Toby Williams.
OPINION: Your old mate gets the sinking feeling that no matter who we vote into power in the hope they…
OPINION: Newsroom is running a series of articles looking into the influence of lobbying and has kicked it off with…