NEW ZEALAND MARKET REPORT

Summary

Market strong.

Comment

North Island only offering 8,600 bales.

Selection consisted of 21% crossbred fleece mainly average/poor colour, 75/150mm, 49% crossbred second shears good/average colour, 50/100mm, 17% lambs mainly average colour and 13% associated oddments average/poor colour.

Very strong competition with all sectors operating.  United Kingdom, India, Europe and China main buyers with the local mills showing good support on all types.

Fleece

Good colour fleece 3.5% dearer.

Average/poor colour crossbred fleece 5% dearer.

Shears

Good colour crossbred shears up to 4% dearer.

Average/poor colour crossbred shears 4% dearer.

Lambs

All descriptions very firm.

Oddments

Average colour oddments up to 5% dearer.

Poor colour oddments 3% dearer.

Passings

6% Passed In,

Next Auction

Next sale South Island only offering 5,450 bales Thursday 5th June 2025.