NEW ZEALAND MARKET REPORT - The Schneider Group

Summary

Market generally tending easier.

Comment

South Island only offering 8,100 bales. The selection consisted of 50% ewe fleece good/average colour, 75/150mm, 10% crossbred second shear good colour, 75mm +/-, 25% lambs generally good colour, 10% associated oddments and 5% miscellaneous types. Main competition Indian sub-continent, United Kingdom, Europe and local carpet mills with limited support from China.

Fleece

Good colour crossbred ewe/hogget fleece 2% cheaper.

Poorer style crossbred fleece up to 3% cheaper.

Shears

Good colour crossbred shears 2% cheaper.

Poorer colour crossbred shears firm.

Lambs

Good colour lambs 2.5% cheaper.

Oddments

Carding oddments fully firm.

Passings

14% passed in.

Next Auction

North Island only offering 10,300 bales 21st March 2024.