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.
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.
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.