SCHNEIDER NZ MARKET REPORT - The Schneider Group

Summary

Market cheaper.

Comment

North Island only selling today with 8,100 bales on offer. The selection consisted of 40% good/average colour fleece, 35% crossbred mainly good colour second shear, bulk 75mm, 12% lambs, 10% oddments and 3% miscellaneous types.

Continued subdued competition with China and the Sub Continent main. Support from Australasian carpet mills and Europe.

Fleece Wools

Crossbred fleece all descriptions 2% cheaper.

Second Shears

Crossbred shears generally 5% cheaper.

Oddments

Crossbred oddments all descriptions 4% cheaper.

Lambs

First lambs 10% cheaper.

Passings

7% Passed In.

Next Auction

North Island offering 7,950 bales and South Island offering 8,200 bales 14 January 2021.