AgriHQ stories
New Zealand lamb wool prices jumped to the highest in more than four years at auction yesterday on increased demand from China for the apparel fibre,.
New Zealand's wool prices have surged by 2.9%, with 35-micron clean wool hitting NZD $5.30/kg due to strong overseas demand, surpassing a five-year high.
New Zealand lamb wool prices jumped to their highest level in almost four years at auction yesterday on increased demand for the apparel fibre.
New Zealand lamb wool prices fell as Chinese buyers of the fibre favoured the Australian market as a decline in the Aussie dollar made that country's.
New Zealand export log prices dropped for the first time in eight months as shipments to China exceed demand, resulting in a build up of inventory.
New Zealand lamb wool prices fell from a four-year high at auction last week as a rising local currency made the fibre more expensive.
Dairy product prices dropped in the latest GlobalDairyTrade auction amid expectations that the supply of milk powder will not be as constrained as pre.
New Zealand export log prices rose to a ten-month high in February as local returns were bolstered by a decline in the kiwi dollar and lower shipping.
The New Zealand dollar failed to jump significantly higher following a positive GlobalDairyTrade auction overnight as investors focused on global c.
ANZ AgriFocus signals modest dairy rebound with a projected NZ farmgate milk price of $4.50-4.70/kgMS amidst economic risks.
The New Zealand dollar surged nearly 2 US cents after whole milk powder prices jumped 19.2% at the GDT auction, boosting Fonterra's payout forecasts.
