Saturday, 28 May 2016 10:29

North Island wool levels steady

Written by 
The high volume of short second shears eased slightly at the latest NZ Wool Services International's auction. The high volume of short second shears eased slightly at the latest NZ Wool Services International's auction.

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.

Apart from that there were minimal changes.Of the 8,600 bales on offer 88% sold. Currency had minimal impact with the weighted indicator for the main trading currencies down only 0.47% week on week.

Dawson says the listed volumes of fine crossbred longer shears were 1 to 2% dearer with the shorter types firm to 2% easier.

Coarse crossbred fleece were firm to 2.5% dearer. Longer coarse shears were firm to 2% firmer with the high volumes of short shears on offer 1 to 2% easier.

Fine first lambs were firm to 3% dearer with coarse lambs 3 to 4% cheaper. Oddments were firm to 5% easier.

There are now quite disparate price levels between the limited type selection and styles in the North Island and the more varied offering from the South Island making direct comparisons difficult.

There was good competition with Australasia, Western Europe and United Kingdom principal, supported by Middle East, India and China.

The next sale on June 2 comprises about 6,500 bales from the South Island.

More like this

Beefing up meat sector

Beef up, sheep down, is the simple message from Beef + Lamb NZ’s latest data on the state of the national sheep flock and beef herd.

Sheep and beef doing its bit

No increase in stock numbers in the sheep and beef sector is anticipated as the industry moves towards carbon neutrality, says Beef + Lamb NZ head of nutrition Fiona Windle.

Avoiding triple drench resistance

Triple drench resistance is appearing at an alarming rate, particularly in the North Island. But it can be prevented by correct management.

» The RNG Weather Report

Featured

 

A resource not a pest

A conservation and hunting lobby has criticised a call by Environment Canterbury for more funding to prevent a national plague of wallabies.

» The RNG Weather Report

» Latest Print Issues Online

The Hound

Told ya!

OPINION: As pointed out in this column a while back, a new special agricultural trade envoy (SATE) has now been appointed…

How come?

OPINION: This old mutt is somewhat conflicted over the $3 billion Provincial Growth Fund (PGF) overseen by the king of pork…

 

Popular Reads

Snubbed

OPINION: Your canine crusader reckons it’s hard not to see why the Government is seen as anti-farming.

Rural Life

Collaboration increases capability

Initially designed to assist fertiliser spreading trucks operating on steep New Zealand hill country, TracMap’s GPS guidance and job management…