INDEPENDENT NEWS

Wool Market Loses Further Ground

Published: Thu 29 Jun 2017 03:41 PM
Wool Market Loses Further Ground
New Zealand Wool Services International Limited’s CEO, Mr John Dawson reports that today’s market was down due to a combination of slower demand and a slightly stronger New Zealand dollar.
South Island price levels have now come more into line with their North Island counterparts.
The weighted indicator for the main trading currencies compared to the last sale on the 22nd June was marginally stronger by 0.24 percent.
Compared with last week’s North Island sale crossbred fleece was generally up to 2 percent cheaper, early shorn second shear 1 to 2 percent cheaper and short length second shear unchanged to 2 percent cheaper. Fine lambs were firm with coarser lambs up to 3 percent cheaper. Oddments were firm.
Next sale on the 6th July comprises approximately 9,800 bales of North Island wool.

Next in Business, Science, and Tech

Government moves to protect elite soils
By: New Zealand Government
Calls for overhaul of gene-technology regulations
By: Royal Society Te Aparangi
Card spending dips in July
By: BusinessDesk
Govt takes more action to reduce waste
By: New Zealand Government
Fonterra Provides Update on Earnings
By: Fonterra
Potatoes vs people: govt moves to protect top vege-growing
By: BusinessDesk
New Zealand First Backs Plans to Protect Productive Land
By: New Zealand First Party
LGNZ cautious as government pits potatoes against houses
By: Local Government NZ
HortNZ welcomes safeguarding of country’s best growing soils
By: Horticulture NZ
Anti-housing rules to keep Kiwis locked out
By: New Zealand Taxpayers' Union
Productive farming land dug up for housing
By: RNZ
Gene editing regulations – Expert Reaction
By: Science Media Centre
Government responds to report on gene editing
By: New Zealand Government
Government can’t continue to ignore biotech
By: New Zealand National Party
Genetic Regulation Overhaul Overdue
By: New Zealand Life Sciences Network
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media