NEW ZEALAND MARKET REPORT

Summary

Market mixed but generally dearer.

Comment

North Island only offering 5,960 bales.

Selection consisted of 22% crossbred fleece mostly good colour, 27% hogget fleece, good colour, 9% hogget second shear, good colour, 25% crossbred second shear, 50/100mm, good colour, 2% new season crossbred lambs, good/average colour, 15% associated oddments.

Crossbred fleece maintained solid support across all types with a little resistance at this current level.  Crossbred hoggets posted a negative correction on the back of last week’s strong performance.  The shorter shears continue to see support on the more favourable better colour types with good colour oddments posting the same upward trend.  Only poorer colour oddments remained flat throughout.  Main buyers were Europe, China and the United Kingdom supported by local Australasian mills.

Fleece

Crossbred fleece all descriptions up to 1.5% dearer.

Crossbred hoggets up to 2% cheaper.

Shears

Crossbred shears all descriptions 1.5% dearer.

Oddments

Crossbred carding oddments good/average colour up to 5% dearer.

Poor colour very firm.

Combing oddments firm to buyers favour.

Lambs

All descriptions 3% cheaper.

Passings

5% Passed In.

Next Auction

Next sale will be a combined North and South Island with the North Island offering 8,400 bales and the South Island offering 5,400 bales Thursday 18th December 2025.