Lambs prices pushing the limit

Lamb prices are not aligned with global market fundamentals, prompting a warning of a looming correction.

Procurement prices as high as $8.70 a kilogram are out of whack from a global perspective but reflect the limited number of lambs in the market, Alliance livestock and shareholder services general manager Heather Stacy said.

Wool recovery continues

Wool prices made another step forward at Thursday’s Napier sale, building on the gains of a fortnight earlier.

After a disappointing start to the season prices have lifted in the last few weeks and strong wools in the 35-37 microns range were up by another 4% to 5%, PGG Wrightson’s North Island auctioneer Steven Fussell said.

LambEx shows kiwis the future

Home from the 2018 LambEx conference in Perth, Beef + Lamb New Zealand-sponsored sheep industry ambassadors Katey Craig and David Ingham are firing hot.

The young generation farmers are excited to share their lessons with fellow farmers and looking forward to being a part of their home country hosting LambEx 2019.

Meat farmers should expand

One of Europe’s largest buyers of New Zealand red meat is urging farmers to expand their flocks and herds.

Alexander Eyckeler said demand is growing for quality cuts of NZ lamb and venison, the reason prices have steadily risen in the last three years.

Wool can feed cats, dogs, people

When AgResearch scientists started thinking outside the square on uses for wool, feeding it to cats did not feature at the top of the list of options. However, thanks to a growing understanding of what makes wool wool and some smart extraction processes, the world’s domestic felines might soon find it is part of their daily diet. Richard Rennie spoke to Dr Santanu Deb-Choudhury about a new opportunity for turning the fibre into food.

Wool pulls socks up

Crossbred wool prices regained some lost ground at Thursday’s Christchurch sale.

Wool prices improve

A smaller offering of wool led to improved prices at Thursday’s Napier sale.