NEW ZEALAND MARKET REPORT

Summary

Market shows signs of easing.

Comment

North Island only offering 6,100 bales.

Selection consisted of 18% crossbred fleece good/average colour, 62% crossbred second shears mainly good colour, 50/100mm, 6% crossbred lambs good/average colour, 13% associated oddments average/poor colour and 1% miscellaneous types.

The market today showed signs of easing on the back of continued tariff pressures.  Competition was affected by these negative sentiments with only the more favourable types maintaining market levels.  Based on the selection the main buyers were Europe and India with support from local Australasian mills and China.

Fleece

Crossbred fleece good colour up to 2% dearer.

Poor colour fully firm.

Shears

Crossbred shears all descriptions up to 2% cheaper.

Lambs

In a small selection good lambs fleece firm.

Oddments

Carding oddments firm to buyers favour.

Passings

15% Passed In.

Next Auction

Next sale South Island only offering 6,950 bales Thursday 14th August 2025.