New Zealand Wool Market Report (25 November 2021)
The North Island only offered 6,200 bales. The selection consisted of 20% crossbred ewe fleece, 34-38 micron mainly good colour 100/150mm, 55% crossbred second shear, 32-38 micron good colour 75mm plus, 5% crossbred lambs, bulk average colour 30-32 micron, 15% associated oddments and 5% miscellaneous types. Good buyer sentiment on the better style/colour wools with very strong competition coming on average colour lines. Europe and Indian sub-continent main competition supported by local carpet mills, United Kingdom and China.
Fleece – Good colour hogget and ewe fleece sellers favour. Poorer style fleece 9% dearer.
Second Shears – Good colour crossbred second shear generally 4% dearer. Poorer style second shear 9% dearer.
Oddments -Crossbred oddments all descriptions 3% dearer.
Passings – 3.5% passed in.
Next Auction – South Island only offering 5,600 bales Thursday 1st December.