NEW ZEALAND MARKET REPORT

Summary

Market eases.

Comment

North Island only selling today with 6,000 bales on offer.  The selection consisted of 50% crossbred hogget/ewe second shear 31 to 38 micron good/average colour, bulk 75mm, 21% crossbred hogget fleece, 33 to 36 micron, good colour 75/125mm, 7% crossbred fleece, 36 micron & coarser, average colour 75/125mm, 17% associated oddments and 5 % miscellaneous types.  Reasonable competition with most sectors operating.

Fleece

Good colour crossbred fleece 2.5% cheaper.

Poorer style crossbred fleece 2% cheaper.

Shears

Better style crossbred shears 5% cheaper.

Poorer style crossbred shears 2% cheaper.

Oddments

Buyers favour.

Passings

20% passed in.

Next Auction

South Island only offering 7,700 bales WEDNESDAY 25TH OCTOBER.