NEW ZEALAND MARKET REPORT

Summary

Market mixed.

Comment

South Island offering 5,750 and North Island offering 7,460 bales.

Selection consisted of 30% crossbred fleece mainly average/poor colour, 75/150mm, 23% crossbred second shears good/average colour, 50/100mm, 24% lambs fleece good/average/poor colour, 21% associated oddments average/poor colour and 2% miscellaneous types.

Main competition for good colour continues to be pushed by the United Kingdom and Europe with China and India showing support on the poorer colour fleece, shears and oddments.

Fleece

Good colour fleece up to 2.5% dearer.

Average/poor colour crossbred fleece buyers favour.

Shears

Good colour crossbred shears up to 2.5% dearer.

Average/poor colour crossbred shears buyers favour.

Lambs

Good colour lambs very firm.

Average colour lambs buyers favour.

Oddments

Associated oddments 1.5% dearer.

Passings

16% Passed In,

Next Auction

No sale next week.  Next sale North Island only offering 5,900 bales THURSDAY 1ST MAY 2025.