NEW ZEALAND MARKET REPORT

Summary

Market stronger again.

Comment

North Island only selling today offering 6,730 bales.

The selection consisted of 35% crossbred fleece good to average colour, 75/150mm, 38% crossbred second shears good/average colour, 50/100mm, 15% lambs, good colour, 9% associated oddments average/poor colour and 3% miscellaneous types.

Another strong market today with keen competition due to a lack of supply.  All markets operating.

Fleece

Crossbred fleece all types up to 1.5% dearer.

Shears

Crossbred shears up to 1.5% dearer.

Lambs

Lambs firm to seller favours.

Oddments

Crossbred oddments fully firm.

Passings

5% Passed In,

Next Auction

Next sale North Island offering 4,690 bales and South Island offering 6,890 bales, Thursday 30th January 2025.