NEW ZEALAND MARKET REPORT - The Schneider Group

Summary

Market generally firm tending dearer.

Comment

North Island only selling today offering 3,970 bales. The selection consisted of 8% crossbred fleece average/good colour, 75-150mm, 62% good colour crossbred shears, 8% lambs fleece mostly good/average colour, 20% associated oddments average colour and 2% miscellaneous types. Main competition Europe and India, supported by the United Kingdom, local Australasian mills and China.

Fleece

Good/average colour crossbred fleece firm.

Shears

All descriptions 1-2% dearer.

Lambs

All descriptions buyers favour.

Oddments

Crossbred oddments good/average colour very firm.

Average/poor colour up to 2% dearer.

Passings

4% passed in.

Next Auction

South Island only offering 6,600 bales Thursday 26th September 2024.