NEW ZEALAND MARKET REPORT

Summary

Market generally firm tending dearer.

Comment

South Island only selling today with 9,100 bales on offer.  The selection consisted of 44% good/average colour crossbred fleece 75/150mm, 15% good/average colour crossbred second shear bulk 75mm, 5% average/poor colour crossbred lambs 29-31 micron, 9% halfbred fleece good average style 25.0-29.0 micron, 7% merino fleece 16.5-21.0 micron, 17% associated oddments and 3% miscellaneous types.  Widespread competition with most sectors operating,

Fleece

Good/average colour crossbred fleece firm.

Halfbred fleece buyers favour

Shears

Good colour crossbred second shears 5% dearer.

Oddments

All descriptions firm.

Passings

9% passed in.

Next Auction

North Island only offering 6,000 bales, 24th August.