NEW ZEALAND MARKET REPORT - The Schneider Group

Summary

Market dearer.

Comment

South Island only selling this week offering 13,000 bales. The selection consisted of 45% average colour crossbred fleece, bulk 75/150mm, 13% crossbred good colour second shear bulk 75/100mm, 21% good colour lambs 29.0 to 31.0 micron, 18% associated oddments and 3% miscellaneous types. Indian subcontinent, China and Europe main supported by local carpet mills.

Fleece

All descriptions fully firm.

Second Shears

All types 4% dearer.

Lambs

Lambs fleece very firm.

Oddments

All oddments sellers favour.

Passings

27% passed in.

Next Auction

North Island only offering 8,300 bales, Wednesday 5th April.