NEW ZEALAND MARKET REPORT

Summary

Market firms.

Comment

North Island only offering 8,400 bales this week.  The selection consisted of 20% crossbred ewe fleece, bulk 75/150mm average/poor colour, 35% crossbred second shear bulk 75mm average colour, 30% crossbred lambs fleece 50/75mm average/poor colour, 15% associated oddments.  Good competition considering the poorer style selection.  Indian sub-continent main again with support from local carpet mills, United Kingdom and Europe.

Fleece

All descriptions sellers favour.

Second Shears

All descriptions sellers favour.

Lambs

Generally firm.

Oddments

All descriptions firm.

Passings

16% passed in.

Next Auction

South Island only offering 9,200 bales WEDNESDAY 13th April.