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Wool steady

Thursday, 4 May, 2017 - 14:41

New Zealand Wool Services International Limited’s Marketing Executive, Mr Nathan Arthur reports that the South Island offering of 6,820 bales saw a small price increase compared to the previous NI auction with 73 percent selling.

Lamb prices and grass markets define a better second half of season

Friday, 28 April, 2017 - 10:47

Beef + Lamb New Zealand’s (B+LNZ) Mid-Season Update revises up its forecast for profit before tax to $75,200 for the All Classes Sheep and Beef Farm.

Dollar eases, wool market follows

Thursday, 27 April, 2017 - 13:44

New Zealand Wool Services International Limited’s CEO, Mr John Dawson reports that the 6,150 bales on offer from the North Island saw an 70 percent clearance with slightly easier levels compared to the last comparable North Island auction.

New generation of amphibian vehicle makes NZ debut

Wednesday, 26 April, 2017 - 12:01

The new 2017 Gibbs Terraquad will be presented to the public at the MTA100 Car Show of the Centenary celebration in Wellington, together with the ground-breaking Gibbs high-speed amphibian vehicles, the Aquada, Quadski and Quadski XL.

NZWSI market report finds wool holds steady

Thursday, 20 April, 2017 - 14:56

New Zealand Wool Services International Limited’s CEO, Mr John Dawson reports that the 8,450 bales of South Island wool on offer this week saw a 67 percent clearance with a generally firm trend.

New Zealand dairy sector set to ‘emerge from the woods’

Tuesday, 18 April, 2017 - 09:29

New Zealand dairy farmers can look forward to a favourable season in 2017/18, but further upside to the current farmgate milk price may be limited, according to a new report from food and agribusiness banking specialist Rabobank.

Wool continues to ease

Wednesday, 12 April, 2017 - 14:19

New Zealand Wool Services International Ltds Marketing Executive Mr Malcolm Ching reports that the 6500 bales of North Island wool on offer saw a 72 percent clearance with most types easing further.

Rabobank: Butter spreading, but protein failing to lift

Friday, 7 April, 2017 - 14:22

There is hesitation in the market as the outlook for currency changes, production levels, and stocks fuels short-term volatility, according to the Rabobank Global Dairy Quarterly Q1 2017.

Wool market continues to ease

Thursday, 6 April, 2017 - 14:11

New Zealand Wool Services Marketing Executive Malcolm Ching reports that the 11700 bales of South Island wools on offer this week, which contained a high proportion of re-offered lots, saw targeted buying and only 46 percent selling as many growers are unwilling to accept current market prices.

FMA confirms short-term derivatives to be licensed

Monday, 3 April, 2017 - 08:30

The Financial Markets Authority has today confirmed that businesses selling short-duration derivatives need to be licensed. The Financial Markets Conduct Act introduced licensing for derivatives issuers in December 2014.