NEW ZEALAND MARKET REPORT

Summary

Market again generally firm.

Comment

North Island only offering 6,500 bales.  The selection consisted of 35% bulk average colour crossbred fleece, 23% lambs good colour new season clip, 25% crossbred shears, good/average colour bulk 75mm and 17% oddments.  Widespread competition of a positive tone with most sectors operating.

Fleece

34.0 micron and finer 3/5″sellers favour.

Good colour fleece very firm.

Poorer style fleece firm.

Shears

Good colour shears very firm.

Lambs

New season lambs fully firm.

Oddments

All descriptions buyers favour.

Passings

5% Passed In.

Next Auction

North Island offering 5,100 bales and South Island offering 8,000 bales on 28th January.