NEW ZEALAND MARKET REPORT

Summary

Market mixed.

Comment

Combined sale.  South Island offering 5,230 bales.  North Island offering 3,530 bales.

Selection consisted of 12% crossbred fleece mostly good colour, 28% hogget fleece, good colour, 14% crossbred second shear 50/100mm, 7% crossbred lambs, good/poor colour, 5% halfbred, 8% merino, 25% associated oddments all descriptions and 1% miscellaneous types.

Crossbreds including hoggets, despite a limited supply showed a market correction with a move back to buyers favour across the day.  Only poor style oddments went against the trend and posted a favourable lift.  Merino and finer halfbreds posted gains compared to the previous New Zealand auction and were in line with Australian levels.  Main buyers were Europe, China and the United Kingdom with support from local Australasian mills.

Fleece

Crossbred fleece good colour buyers favour.

Crossbred fleece average/poor colour up to 3% cheaper.

Crossbred hoggets up to 6% cheaper.

Halfbred fleece very erratic – up to 5% dearer.

Merino fleece up to 5% dearer.

Shears

Crossbred shears good/average colour firm.

Oddments

Crossbred carding oddments good/average colour 4% dearer.

Poor colour 5% cheaper.

Combing oddments up to 2.5% dearer.

Passings

9% Passed In.

Next Auction

Next sale combined South and North Island offering 10,700 bales Thursday 27th November 2025.