NEW ZEALAND MARKET REPORT

Summary

Market extreme.

Comment

South Island only offering 6,300 bales.

Selection consisted of 11% merino fleece, 11% halfbred fleece, 22% crossbred fleece mostly good colour, 19% hogget fleece good colour, 12% crossbred second shear good colour 50/100mm, 3% lambs good/average colour, 21% associated oddments all descriptions and 1% miscellaneous types.

Market showed a very strong sentiment on a wide selection with the general lack of quantity for any specific types continuing to drive the market.  Merino fleece wool extreme on the back of two weeks strong selling in Australia since our last sale.  The selection was mostly good white colour resulting in premiums being offered on the more favourable types.  Main buyers were Europe, China and the United Kingdom with support from local Australasian mills.

Fleece

Merino fleece 14% dearer on the back of the Australian market.

Halfbred fleece 13% dearer.

Crossbred fleece good colour 2% dearer.

Crossbred fleece average colour 9% dearer.

Crossbred hoggets up to 6% dearer.

Shears

Crossbred shears up to 4% dearer.

Oddments

Crossbred oddments all descriptions generally 4% dearer.

Passings

4% Passed In.

Next Auction

Next sale North Island offering 5,700 bales Thursday 2nd October 2025.