NEW ZEALAND MARKET REPORT

Summary

Market mixed.

Comment

Combined sale with the South Island offering 5,595 bales and the North Island offering 3,830 bales.

Selection consisted of 12% crossbred fleece mostly good colour, 17% hogget fleece, good colour, 26% crossbred hogget and second shear good colour 50/100mm, 6% crossbred lambs fleece, good/poor colour 50/100mm, 12% halfbred, 9% merino, 14% associated oddments and 4% miscellaneous types.

Crossbreds continued to be strong in a limited supply with only the poor style longer fleece back in line with the shears.  Hogget fleece once again was keenly sought after.  Merino and Halfbred wool dropped, however not as much as the Australian market.  Main buyers were Europe, China and the United Kingdom supported by local Australasian mills.

Fleece

Crossbred fleece good colour sellers favour.

Crossbred fleece average/poor colour up to 3% cheaper.

Crossbred hoggets up to 4% dearer.

Halfbred fleece up to 7% cheaper.

Merino fleece up to 5.5% cheaper.

Merino fleece 5% dearer in line with Australia.

Shears

Crossbred shears up to 2.5% dearer.

Oddments

Crossbred carding oddments buyers favour.

Crossbred combing oddments up to 4% dearer.

Passings

12% Passed In.

Next Auction

Next sale combined sale South and North Island WEDNESDAY 12th November 2025.  Quantities to be confirmed