Friday, 13 November 2015 09:19

Wool prices steady

Written by 
The North Island offering of 5400 bales received strong support with 99% selling. The North Island offering of 5400 bales received strong support with 99% selling.

NZ Wool Services International's North Island offering of 5400 bales received strong support with 99% selling, chief executive John Dawson says.

A similar currency range to last weeks' sale on November 5 saw the weighted indicator down only 0.16% playing a minor role, with awakening Chinese interests and steady enquiry from other sectors underpinning the market.

Dawson advises fine crossbred full fleece and second shears were firm to 4.5% dearer, with the shorter types supported the most.

Coarse full fleece were also firm with shears 1 to 2.5% stronger.

Oddments were generally firm. There was strong competition with China, Australasia and Western Europe principals, supported by India, Middle East and the United Kingdom.

The next sale on November 19 comprises about 5700 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



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


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…