NEW ZEALAND MARKET REPORT - The Schneider Group

Summary

Coarser wools dearer and finer wools ease.

Comment

South Island only selling today with 7,600 bales on offer. The selection consisted of 23% good/average colour crossbred fleece 75/150mm, 15% crossbred hogget fleece good style 29-33 micron 75/125mm, 8% good style crossbred second shear bulk 75mm, 6% average/poor colour lambs, 20% halfbred good colour fleece 23-30 micron, 10% merino fleece good/style 15 to 22 micron, 17% associated oddments and 1% miscellaneous types. Keen widespread competition with most sectors operating,

Fleece

Crossbred fleece all styles firm/sellers favour.

Halfbred fleece firm to 2.5% cheaper.

Merino fleece in line with Australian market.

Shears

2.5% dearer.

Oddments

Sellers favour.

Passings

5% passed in.

Next Auction

North Island only offering 6,500 bales, 5th October.