Wool-derived protein may help diabetes management
New research has provided insight into the functional potential of wool-derived protein, with an initial trial revealing it can influence how the body responds to insulin.
Despite a strengthening NZ dollar, the varied selection at this week's South Island auction attracted strong support.
New Zealand Wool Services International Ltd's chief executive John Dawson reports that of the 7700 bales on offer 85% sold.
The weighted currency indicator was up 2.06% compared to the previous week's auction.
Dawson advises a selection ranging from 21 micron merinos to 42 micron coarse wools with a cross section of styles and lengths provided attractive options to buyers which overrode the possible negative impact of the stronger dollar compared to the similar South Island offering on July 14.
Mid micron fleece were well supported with increased Chinese interest, lifting 4 to 12%.
Fine crossbred fleece and shears were 2 to 3% firmer. Coarse crossbred full fleece lifted 3% for all styles with coarse shears ranging from firm to 3.5% dearer. Oddments were up 3 to 5%.
Where comparable to last week's North Island auction, levels are 4 to 7% higher.
Good competition with Australasia, Western Europe and China principals, supported by Middle East, India and United Kingdom.
The next sale on August 4 comprises about 5000 bales from the South Island.
Red meat farmers have dealt a major blow to their umbrella farmer body, Beef + Lamb New Zealand - rejecting an increase in directors’ fees.
The Climate Change Commission wants the new Government to reduce NZ Emissions Trading Scheme (ETS) auction volumes as son as possible.
Southland-based Mataura Valley Milk can now lay claim to be the first all-electric dairy factory in New Zealand.
Dairy sheep and goat farmers are being told to reduce milk supply as processors face a slump in global demand for their products.
Meat co-operative Alliance Group has bagged four gold medals at the Outstanding NZ Food Producer Awards, achieving top honours for every cut entered.
There is increasing evidence that dairy demand is on the upswing, according to Rabobank senior agricultural analyst Emma Higgins.
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