Top wool advocate bales out
The conversion of productive farmland into trees has pretty much annihilated the wool industry.
The wool market in both the North and South Island continues to show resilience.
New Zealand Wool Services International Limited chief executive officer John Dawson says that new business and shipping requirements for older contracts combined to keep all types well supported.
Crossbred Fleece types ranged from 1% cheaper to 5% dearer across both Islands, as did Second Shear and Lamb types.
Good competition prevailed with China, Western Europe and Australasia dominating.
The next sale takes place on 10 March in the South Island only. It will consist of approximately 8,000 bales.
Phoebe Scherer, a technical manager from the Bay of Plenty, has won the 2025 Young Grower of the Year national title.
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Award-winning boutique cheese company, Cranky Goat Ltd has gone into voluntary liquidation.
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