New Zealand Market Report – 25 July 2024

Market dearer. North Island only selling today offering 6,310 bales.  The selection consisted of 13% crossbred fleece generally good colour, 75-150mm, 61% good colour shears, 7% mainly good colour lambs, 17% associated oddments and 2% miscellaneous types.  Strong competition with most sectors operating.  Main competition Europe and India supported by the United Kingdom and local mills and limited support from China.

Fleece: Good colour crossbred fleece fully firm. Average colour up to 3% dearer.

Shears:Good colour 2% dearer. Average colour up to 4% dearer.

Lambs: All descriptions 5% dearer.

Oddments: All descriptions up to 3% dearer.

Passings – 4% passed in.

Next Auction: South Island only offering 6,700 bales Thursday 1st August 2024.

Source: by Helen Cameron G. Schneider NZ Limited