New Zealand Wool Market Report (27 July 2023)

North Island only selling today with 6,800 bales on offer.  The selection consisted of 15% average colour crossbred fleece,  75/150mm, 50% good/average colour crossbred second shear bulk 75mm, 15% average/poor colour crossbred lambs 29-31 micron and 20% associated  oddments. 

Reasonable competition with Indian sub-continent main supported by local carpet mills, United Kingdom, Europe & China.

Fleece: Good colour crossbred fleece 2.5% cheaper. Poorer style crossbred fleece buyers favour.

Shears: Good colour crossbred second shears 2.5% cheaper. Poorer colour crossbred second shears buyers favour.

Lambs: All descriptions fully firm.

Oddments: All descriptions 5% cheaper.

Passings: 13% passed in.

Next Auction – South Island only offering 8,600 bales, 3rd August.

Source: by Helen Cameron Schneider NZ