NEW ZEALAND MARKET REPORT

Summary

Market cheaper.

Comment

South Island only offering 4,600 bales.  The selection consisted of 24% crossbred fleece, good/average style, 36.0 to 39.0 micron, 35% crossbred hogget fleece, 75/100mm, 30.0 to 35.0 micron good style, 10% crossbred second shear, bulk 75/100mm good style, 13% halfbred fleece, 24.0 to 30.0 micron, good style, 16% associated oddments and 2% miscellaneous types.  Again limited competition as most sectors operating in a limited capacity.

Fleece

Good style crossbred fleece 3.5% cheaper.

Poorer style crossbred fleece buyers favour.

Second Shears

Crossbred and hogget second shear buyers favour.

Oddments

All descriptions buyers favour.

Passings

35% passed in.

Next Auction

North Island offering 6,500 bales Thursday 8th December.