A big win for wool!
State-owned social housing provider Kainga Ora is switching to wool carpet for its new homes.
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.
Federated Farmers president Wayne Langford says the 2025 Fieldays has been one of more positive he has attended.
A fundraiser dinner held in conjunction with Fieldays raised over $300,000 for the Rural Support Trust.
Recent results from its 2024 financial year has seen global farm machinery player John Deere record a significant slump in the profits of its agricultural division over the last year, with a 64% drop in the last quarter of the year, compared to that of 2023.
An agribusiness, helping to turn a long-standing animal welfare and waste issue into a high-value protein stream for the dairy and red meat sector, has picked up a top innovation award at Fieldays.
The Fieldays Innovation Award winners have been announced with Auckland’s Ruminant Biotech taking out the Prototype Award.
Following twelve years of litigation, a conclusion could be in sight of Waikato’s controversial Plan Change 1 (PC1).
OPINION: The Greens aren’t serious people when it comes to the economy, so let’s not spend too much on their…
OPINION: PM Chris Luxon is getting pinged lately for rolling out the old 'we're still a new government' line when…