New Zealand Market Report Summary  (31. October 2024)

Market dearer. North Island only offering 4,730 bales today.  Selection consisted of 68% crossbred and hogget shears, good colour, 12% crossbred fleece average/good colour, 75/150mm, 5% crossbred lambs coarse fleece mostly good/average colour, 12% crossbred oddments, mostly good/average colour & 3% miscellaneous types.

Main competition from Europe and India, supported by the United Kingdom, local Australasian carpet mills & China.

Fleece: Good colour crossbred fleece 2% dearer. Average colour crossbred fleece 4% dearer.

Shears: Good colour crossbred shears 2% dearer. Average colour crossbred shears 7% dearer.

Oddments: Crossbred oddments good/average generally 5% dearer.

3% was passed in.

Next Auction – South Island only 7th November offering 4,050 bales.

Source: by Helen Cameron G. Schneider NZ Limited,