NEW ZEALAND MARKET REPORT
Market generally dearer except lambs which were buyers favour.
North Island only selling this week offering 5,500 bales. The selection consisted of 40% crossbred second shear bulk 75mm average colour, 17% crossbred fleece, bulk 75/125mm average/inferior colour, 25% lambs fleece, 29-31 micron 50/75mm average/inferior colour, 15% associated oddments and 3% miscellaneous types. Keen widespread competition with most sectors operating.
Better colour crossbred fleece 3.5% dearer.
Poorer stye crossbred fleece 3% dearer.
Better colour crossbred shears 3.5% dearer.
Poorer stye crossbred shears 3% dearer.
All descriptions firm.
11% passed in.
South Island only offering 7,800 bales Thursday 12th May.