NEW ZEALAND MARKET REPORT

Summary

Market dearer.

Comment

South Island only offering 4,830 bales.

Selection consisted of 45% crossbred fleece mainly average/poor colour, 75/150mm, 12% crossbred second shears good/average colour, 50/100mm, 28% lambs good/average colour and 15% associated oddments average/poor colour.

Strong competition for good colour driven by the United Kingdom, India, Europe and China with local mills showing good support on the poorer colour fleece and shears.

Fleece

Good colour fleece very firm.

Average/poor colour crossbred fleece 5% dearer.

Shears

Good colour crossbred shears up to 1.5% dearer.

Average/poor colour crossbred shears 2.5% dearer.

Lambs

Good colour lambs 4% dearer.

Average/poor colour lambs up to 8% dearer.

Oddments

Associated oddments 2% dearer.

Passings

18% Passed In,

Next Auction

Next sale North Island only offering 8,650 bales Thursday 29th May 2025.