NEW ZEALAND MARKET REPORT - The Schneider Group

Summary

Market dearer again.

Comment

North Island only selling this week offering 6,800 bales. The selection consisted of 10% crossbred fleece bulk 75/150mm average style, 50% crossbred second shear bulk 75mm good/average style, 25% lambs fleece, 29-31 micron 50/75mm good style, 12% associated oddments and 3% miscellaneous types. Strong widespread competition with most sectors operating.

Fleece

Good colour crossbred fleece very firm.

Average colour 2% dearer.

Second Shears

Good colour crossbred shears 2% dearer.

Average colour crossbred shears 5% dearer.

Lambs

Fully firm.

Oddments

All descriptions generally firm.

Passings

5% passed in.

Next Auction

South Island only offering 8,600 bales Thursday 26th May.