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1 February 2024
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Wool
Wool Street Journal
Market Commentary

Supply and demand factors favouring growers in post-Christmas wool market

Post-Christmas prices at auction for all crossbred wool types have lifted. Supply and demand factors are playing into a scenario that favours growers: supply coming forward for sale is lower than anticipated, while manufacturers in China have increased demand, further stimulating the wool market...

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1 February 2024
Categories
Wool
Wool Street Journal

Large charitable Hawke’s Bay farming enterprise partners with PGG Wrightson

A charitable trust that has recently modernised and is one of the largest farming entities in Hawke’s Bay has elected to undertake all its wool business through PGG Wrightson. Established in 1977, the Joan Fernie Charitable Trust (JFCT) owns three substantial Hawke’s Bay rural properties...

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1 February 2024
Categories
Wool
Wool Street Journal

Hammer comes down on 50 year career

For PGG Wrightson South Island wool manager Rob Cochrane 50 years in the stock and station industry has flashed by. On 3 December 1973, aged 18 and fresh out of Christchurch Boys’ High School, Rob started work at Dalgety NZ Ltd, Christchurch. “I was the mail boy: sorting mail, licking stamps...

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1 December 2023
Categories
Wool
Wool Street Journal
Market Commentary

PGG Wrightson Wool applauds Government's wool preference directive

In a groundbreaking move, the New Zealand government has recently directed its agencies to prioritise the use of woollen fibres over synthetic alternatives in public sector buildings. This decision has garnered support from various quarters, and PGG Wrightson Wool stands firmly behind this...

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1 December 2023
Categories
Wool
Wool Street Journal

The importance of investing in wool preparation

By Rosstan Mazey, chair of the NZ Council of Wool Interests, CEO of WoolWorks Ventures At the start of the shearing season, quality preparation of the clip is an investment, not a cost. Ask yourself: what is the ultimate aim of wool preparation? Answer: to prepare your wool to achieve best...

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1 December 2023
Categories
Wool
Wool Street Journal

North Island wool identity bows out after 57 years

Encompassing seven decades, a momentous career in wool comes to an end in a few weeks. PGG Wrightson North Island Wool Manager Allan Jones started in the business in December 1966. Growing up on his family’s South Canterbury lifestyle property and regularly working on farms including his uncle’s...

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1 December 2023
Categories
Wool
Wool Street Journal
Market Commentary

Wool market report: Market largely steady after recent price rises

A significant quantity of merino wool has been offered at the South Island sales throughout November. Enduring interest from one of the major Australian fine wool exporters, who has attended our fine wool sales in person, further strengthens buying power in the room. This has resulted in prices that...

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2 October 2023
Categories
Wool
Wool Street Journal
Market Commentary

Market update: Encouraging demand for crossbred wools

Over the past few weeks values achieved at New Zealand wool auctions continue to surprise, with strong competition for most good style crossbred wool types. Many of the merino types pouring into South Island woolstores are similarly sought after. Mid-micron wool, measuring from approximately 28...

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2 October 2023
Categories
Wool
Wool Street Journal

Long term wool grower diversifies into milking sheep

Joe Catherwood has been a client of PGG Wrightson Wool throughout his farming career. Joe farms 320 hectares at Charing Cross, Central Canterbury, a property his father purchased in 1953, and which Joe and his brother John took over in 1976. Joe bought John’s share of the farm in 2000. Until a few...

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2 October 2023
Categories
Wool
Wool Street Journal
Community

Wool in Schools Travelling Classroom: Term 3 and Term 4 Update

The Wool in Schools programme, a The Campaign for Wool initiative, sponsored by PGG Wrightson , continues to make waves in New Zealand's education sector. This unique program brings the wonders of wool directly to primary and intermediate schools through mobile classrooms known as "Wool Sheds." As...

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27 July 2023
Categories
Wool
Wool Street Journal
Company News

PGG Wrightson Wool and Fine Wool Growers Embark on 11-Day European Tour with Devold

In an unprecedented move to strengthen their bond with New Zealand wool growers and with PGGW Wool, one of the world's leading outdoor clothing producers, Devold , proudly organised an exclusive 11-day European tour for 17 New Zealand merino wool growers. The tour was aimed at giving these dedicated...

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27 July 2023
Categories
Wool
Wool Street Journal
Market Commentary
Company News

Market update: Values increasing for premium crossbred wool types

Top quality well-prepared crossbred fleeces continue to command substantial market premiums. Global demand is driving values for these types to levels not recorded since December 2016, with the premium on the best presented wool up to $1 greasy above poorer quality, less well prepared wools...

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27 July 2023
Categories
Wool
Wool Street Journal
Market Commentary

EGE Carpets: Revolutionising Carpet Design with Sustainable New Zealand Wool

Ege Carpets , a Danish company, has established itself as a world-leading manufacturer of high-end commercial carpets, renowned for its cutting-edge carpet printing technology. Being one of our Wool Integrity brand partners means a commitment to sustainability and a long-standing partnership with...

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26 July 2023
Categories
Wool
Wool Street Journal

Best Practise for Woolsheds: It's all in the Preparation

Let’s face it everyone is hurting now with the increase in costs. And for a wool grower the increase in shearing and wool handling costs have been astronomical over the last few years! Attracting and retaining good staff is also an issue that is not exclusive to shearing contractors, but when you...

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10 May 2023
Categories
Wool
Wool Street Journal
Company News

Staff profile: Jason Everson - Opening up the possibilities for wool

After finishing school Jason Everson went into banking, learning the basics of finance in New Zealand before heading overseas in the mid 1990s, making his way to the City of London, where he specialised in International trade finance. “Wool exporters were important customers. They needed a lot of...

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9 May 2023
Categories
Wool
Wool Street Journal
National Shearing Circuit

Marlborough shearer Angus Moore wins PGG Wrightson Vetmed National Shearing Circuit

Marlborough’s Angus Moore is the 2023 PGG Wrightson Vetmed National Shearing Circuit champion. With the top shearers testing their versatility over five rounds, Seddon-based Angus overcame the logistical challenge of multiple contests throughout the country during spring and summer, also out...

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