Finance: The NZ dollar eased against the US dollar and the Euro after a fall the previous week against the Australian dollar. The world markets remain unsettled with the high inflation in most western countries.
Wool: Wool prices remain in the doldrums with no great innovations to boost the markets.
Beef, Sheep & Venison schedules: The meat schedules are mostly steady with only minor intercompany changes. Killing space is becoming available and the ports in China are working again.
Dairy Prices: The g/DT lifted 1.5% again from the easing of the last 4 auctions. SMP is strong with a 3% gain and is now above the WMP prices. Butter increased 4.5% while cheese dropped 3.6%. The demand for dairy commodities is very strong.