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THE NORTH ISLAND sale of 6,600 bales continues the upward trend in the wool market, New Zealand Wool Services International Ltd's general manager, John Dawson reports.
Good clearances were seen with a 98% sold rate.
Fine crossbred fleece and early shorn gained 1.5% with 33.5 to 36 micron, 3/5 inch realising 2.5% above last South Island sale.
Thirty one to 34 micron, 3/4 inch rose to 1.5 to 2.5%, while 32 to 34 micron, 2/4 inch were 2.5 to 3% dearer. Thirty two to 33 micron, 2/3 inch were 1% cheaper.
Combing oddments were 3% dearer while clothing oddments were 1% dearer.
There was widespread interest with China dominating and supported by Middle East, Western Europe and India. The next sale on October 24 comprises about 7,600 bales from the South Island.
While wool returns continue in the doldrums, smart sheep farmers are looking for alternatives for a product that currently cost more to get off a sheep's back than it's worth. One such initiative is run by husband and wife team Hayden and Anastasia Tristram who farm at Wanstead in the Central Hawke's Bay. Mark Daniel reports.
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