New Zealand Wool Market Report (27 March 2025)

South Island only offering 6,135 bales. Selection consisted of 37% crossbred fleece mainly average/poor colour, 75/150mm, 20% crossbred second shears good/average colour, 50/100mm, 22% lambs fleece good/average colour, 16% associated oddments average/poor colour and 5% miscellaneous types.

Main competition for good colour was the United Kingdom and Europe with good support from the subcontinent. China supporting the poorer colour fleece and shears.  Continued pressure from the local & Australasian carpet mills.

Fleece: Good colour crossbred fleece up to 2% dearer. Average/poor colour crossbred fleece up to 2% cheaper.

Shears: Good colour crossbred shears up to 2% dearer. Average/poor colour crossbred shears up to 2% cheaper.

Lambs: Good colour lambs firm to buyers favour.

Oddments: Crossbred oddments all descriptions generally up to 2% cheaper.

10% Passed In.

Next Auction: Next sale North Island only offering 7,600 bales on Thursday 3rd April 2025.

Source: The Schneider Group NZ.