NEW ZEALAND MARKET REPORT

Summary

Market dearer.

Comment

North Island only selling today with 6,500 bales on offer.  The selection consisted of 20% mainly average crossbred fleece 75/150mm, 53% good/average style crossbred second shear bulk 75mm, 5% average/poor colour lambs, 20% associated oddments and 2% miscellaneous types.  Very keen widespread competition with most sectors operating.

Fleece

Crossbred fleece good style up to 4% dearer.

Crossbred fleece average style up to 2% dearer.

Shears

Crossbred shears good style up to 4% dearer.

Crossbred shears average style up to 2% dearer.

Oddments

8% dearer.

Passings

5% passed in.

Next Auction

South Island only offering 5,700 bales, 12th October.