Lanaco and Blueair Launch World-First NZ Wool Air Filter
New Zealand wool is reaching new heights as air filtration companies move away from synthetic products to biodegradable alternatives.
A weakening New Zealand dollar and steady offshore buying saw all wool types improve for the latest South Island wool auction, reports NZWSI.
The auction, which offered 9300 bales, saw 87% selling, says NZWSI marketing executive, Malcolm Ching.
The weighted indicator for the main trading currency came down 1.29% compared to the last sale on September 3.
Merino fleece, 21.5 micron and finer, were 5-10% dearer with 22 to 23.5 microns 1- 2% firmer than the last time they sold, on August 27, says Ching.
Mid micron fleece, 24 to 29 micron, were firm to 3.5% dearer with 29.5 to 31.5 3 to 7% stronger.
Compared to the September 3 sale, fine crossbred full fleece and longer shears were 4-6.5% dearer with shorter shears 1-3% firmer.
Coarse crossbred full fleece were 5-7% stronger, longer shears 3- 6% dearer and shorter shears ranged from 1.5- 6% stronger.
Oddments were firm to 4% firmer.
The auction saw strong competition with China the principal, supported by Western Europe, Australasia, Middle East and India.
The next sale has been fixed for September 17 and comprises about 6000 bales from the North Island.
Outgoing Fonterra Co-operative Council chair John Stevenson says that it has been a privilege to represent the co-op's farmer shareholders.
New Plymouth-based Manuka honey exporter Egmont Honey has completed its acquisition of Taihape beekeeping business Tweeddale's Honey, with settlement finalised on Friday, 18 September.
Westpac NZ is calling on farmers and growers to start preparing now for the possibility of a dry summer, as likely El Niño conditions raise the risk of drought across parts of the country.
Fonterra Co-operative Group has confirmed the independently assessed candidates standing for election to its board in 2026.
Fonterra has revised its Farmgate Milk Price forecast for the 2026/27 season, lifting the midpoint and narrowing the range on the back of improving global dairy commodity prices.

OPINION: The same mainstream media muppets that brought you Jacindamania in 2017 have been flat out pimping for the Opportunities…
OPINION: Your old mate reckons the atrocious way farmers in the UK are treated by their lords and masters in…