NEW ZEALAND MARKET REPORT

Summary

Market strong.

Comment

South Island only offering 5,100 bales.  The selection consisted of 50% crossbred fleece, some new season good style, bulk average colour, 15% crossbred second shear, good colour 75/100mm, 17% end of season lambs good colour, 15% associated oddments and 3% miscellaneous types.  Keen widespread competition with most sectors operating.

Fleece

Good style 10% dearer.

Average style fleece 5% dearer.

Second Shears

Good style 4% dearer.

Lambs

All descriptions 5.5% dearer.

Oddments

Buyers favour.

Passings

5% Passed In.

Next Auction

North Island only offering 9,800 bales 24th June.