NZ Wool Market Report (28 April 2022)
The market was dearer. North and South Island both selling this week offering of 13,000 bales. The selection consisted of 22% crossbred ewe fleece, bulk 75/150mm average colour, 35% crossbred second shear bulk 75mm good/average colour, 25% lambs fleece, 29-31 micron 50/75mm good/average colour, 15% associated oddments and 3% miscellaneous types. Keen widespread competition on the back of a weaker New Zealand dollar with most sectors operating.
Fleece: All descriptions 5% dearer.
Second Shears: All descriptions 5% dearer.
Lambs: All lambs 7.5% dearer.
Oddments: All descriptions 10% dearer.
Passings: 2% passed in.
Next Auction: North Island only offering 5,500 bales Thursday 5th May.
Source: by Helen Cameron, The Schneider Group NZ