NEW ZEALAND MARKET REPORT

Summary

Market softens slightly.

Comment

South Island only selling this week with an offering of 8,250 bales.

Selection consisted of 43% crossbred fleece good to average colour, 11% crossbred second shear, mainly good colour, 23% crossbred lambs, good colour, 3% halfbred fleece, 16% associated oddments and 4% miscellaneous types.

All types showed a slight softening in demand with a general movement to buyers favour.  Good style shears remained strong.  Main buyers were China, Europe and the United Kingdom with good support from the Australasian market.

Fleece

Crossbred fleece all descriptions 1% cheaper.

Shears

Crossbred shears firm to buyers favour.

Lambs

Crossbred lambs buyers favour.

Oddments

Oddments 1% cheaper.

Passings

5% Passed In.

Next Auction

North Island only selling with an offering of 6,035 bales WEDNESDAY 1st April 2026.