NEW ZEALAND MARKET REPORT - The Schneider Group

Summary

Market dearer.

Comment

South Island only selling today with 10,086 bales on offer. South Island selection was made up of 46% average/poor colour crossbred fleece, 15% good colour second shear bulk 75mm, 5% average colour second shear, 18% good colour lambs 29-31 micron, 4% halfbred fleece average/good colour, 15% associated oddments and 2% miscellaneous types. Indian sub-continent and Europe main, supported by local carpet mills and China.

Fleece

All descriptions 3% dearer.

Second Shears

Firm to sellers favour.

Lambs

Lambs fleece 6% dearer.

Oddments

Good style firm to sellers favour.

Poor style 5% dearer.

Passings

28% passed in.

Next Auction

North Island only offering 6,350 bales, Thursday 4th May.