Saibosi partners with Wools of New Zealand to showcase farm-to-floor wool rugs in China
Chinese textile company Saibosi has partnered with Wools of New Zealand to put the 'farm to floor' story of New Zealand wool rugs on screen for its customers.
Wool prices eased for most types again this week for the North Island, says NZ Wool Services International marketing executive, Malcolm Ching.
The North Island offering was at 6,100 bales with 90 % of the selection sold with most growers meeting the market.
Compared to the last sale on 22nd October, the weighted indicator for the main trading currencies firmed by 0.47%.
This had minimal impact as restricted demand continues to be the main market driver.
Fine Crossbred Full Fleece eased 1.5 to 4% with shorter types ranging from firm to 4% cheaper.
Good colour Coarse Full Fleece came down 3.5% with longer shears 1.5 to 4% easier.
Shorter Shears fared better as local demand underpins them, with 3 to 4 to 2 to 3 inch wools firm to buyers favour.
Good colour Short Oddments were 3.5% easier.
There is limited competition with Europe and China principals for the fine crossbred wools and Australasia is dominating the coarse wools. Limited support from elsewhere.
Next sale on 5th November comprises of approximately 5,400 bales from the South Island.
Labour's agriculture spokesperson Jo Luxton says while New Zealand needs more housing, sacrificing our best farmland to get there is not the answer.
Profitability issues facing arable farmers are the same across the world, says New Zealand's special agricultural trade envoy Hamish Marr.
Over 85% of Fonterra farmer suppliers will be eligible for customer funding up to $1,500 for solutions designed to drive on-farm efficiency gains and reduce emissions intensity.
Tighter beef and lamb production globally have worked to the advantage of NZ, according to the Meat Industry Association (MIA).
Groundswell is ramping up its 'Quit Paris' campaign with signs going up all over the country.
Some farmers in the Nelson region are facing up to five years of hard work to repair their damaged properties caused by the recent devastating floods.
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