SCHNEIDER NZ MARKET REPORT
South Island only selling today with 9,000 bales on offer. The selection consisted of 35% crossbred fleece mainly average style, 3/5″ to 4/6″, 25% lambs mainly good to average style, 15% early shorn/second shear, bulk 3″ good style, 5% mid micron fleece 23.0 to 28.0 micron, 15% oddments average/inferior style and 5% miscellaneous types.
A more dovish tone today with the bulk of the offering in favour of the buyer. The exception to this was good colour shears which were very firm. Europe and Sub Continent main, with support from Australasian carpet mills and China.
Good colour crossbred fleece 4% cheaper.
Average style fleece buyers favour.
Good colour shears firm.
Finer lambs 5% cheaper.
Crossbred oddments all descriptions buyers favour.
22% Passed In.
North Island offering 5,500 bales 13 May 2021.