Monday, 02 May 2016 07:55

Wool attracts mixed support

Written by 
Of the 5,000 bales on offer 88% sold. Of the 5,000 bales on offer 88% sold.

New Zealand Wool Services International Limited's CEO John Dawson reports that targeted buying saw some types well supported at the North Island auction.

Others either held steady or eased slightly.

Of the 5,000 bales on offer 88% sold. The weaker New Zealand dollar against most of the traded currencies saw the weighted indicator come down 0.80% compared to the last sale on 21st April.

According to Dawson, fine Crossbred Shears were firm to 2% easier. Coarse Crossbred Fleece were firm to 1.5% cheaper. Coarse Crossbred Shears were well supported, ranging from firm to 3% dearer with good styles sought after.

Shorter First Lambs were 1 to 3% easier with long Lambs firm to 4% dearer.

Long Oddments were firm to 1% cheaper with short oddments 2 to 5% dearer.

Next sale on 5th May comprises approximately 4,700 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…