NEW ZEALAND MARKET REPORT

Summary

Market dearer.

Comment

South Island only selling this week offering 7,800 bales.  The selection consisted of 35% crossbred fleece bulk 75/150mm average style, 20% crossbred second shear bulk 75mm good style, 24% lambs fleece, 29-31 micron 50/75mm good style, 18% associated oddments and 3% miscellaneous types.  Keen widespread competition with most sectors operating.

Fleece

Better colour crossbred fleece sellers favour.

Poorer style crossbred fleece 10% dearer.

Second Shears

Better colour crossbred shears sellers favour.

Poorer style crossbred shears 10% dearer.

Lambs

All descriptions 5% dearer.

Oddments

All descriptions sellers favour.

Passings

5% passed in.

Next Auction

North Island only offering 6,500 bales Thursday 19th May.