NEW ZEALAND MARKET REPORT

Summary

Market continues to be firm.

Comment

North Island only offering 7,400 bales.  The selection consisted of 30% average colour crossbred fleece, 25% lambs good colour new season clip, 28% crossbred shears, good/average colour bulk 75mm, 15% oddments and 2% miscellaneous types.  Good competition with a generally positive sentiment and most sectors operating.

Fleece

Good colour fleeces sellers favour.

Poorer style fleece firm.

Shears

Crossbred second shear firm.

Lambs

New season lambs very firm.

Oddments

All descriptions firm.

Passings

7% Passed In.

Next Auction

South Island only offering 6,700 bales on 11th February.