NEW ZEALAND MARKET REPORT - The Schneider Group

Summary

Market dearer.

Comment

South Island only selling this week with 7,343 bales on offer. The selection consisted of 55% crossbred fleece 36.0 to 39.0 micron, mainly good colour 75/150mm, 15% crossbred second shear 35.0 to 40.0 micron good colour 50/75mm, 7% crossbred lambs in a limited selection, 12% associated oddments, 6% halfbred fleece good/average colour and 5% merino types. Selected competition with India main, supported by Europe, the United Kingdom and Australasian carpet mills.

Fleece

Pre lamb good colour fleece buyers favour.

B grade fleece sellers favour.

Halfbreds sellers favour.

17.0 micron and finer keenly sought after.

18.0 micron and coarser firm on last levels

Second Shears

Firm to sellers favour.

Oddments

Clothing oddments 10% dearer.

Poorer style firm.

Combing oddments up to 5% dearer.

Passings

20% passed in.

Next Auction

North Island only offering 6,233 bales Thursday 25th August.