Editorial: Making wool great again
OPINION: Otago farmer and NZ First MP Mark Patterson is humble about the role that he’s played in mandating government agencies to use wool wherever possible in new and refurbished buildings.
There was a 55% clearance with many farmers again refusing to sell at these lower levels.
The weighted indicator for the main trading currencies was down only 0.29% with limited market activity and high client stock levels again being the main market influencers.
Dawson advises Fine Crossbred Shears as well as the Coarse Fleece and Shears softened 3 to 5%.
Lambs Fleece 30 micron and finer went against the trend remaining firm to 3% stronger, however the Coarser types were firm to 1%easier. Second Lambs eased 2 to 3%.
Short Oddments also eased 2 to 3%.
There was restricted competition with China and Western Europe principals and limited support elsewhere.
Next sale on Friday, April 27 (due to the mid-week National holiday) comprises approximately 14,000 bales from the South Island.
