Friday, 04 December 2015 13:46

Wool generally steady

Written by 
A versatile and stylish South Island selection on offer this week saw most types well supported, despite a slightly firmer NZ dollar. A versatile and stylish South Island selection on offer this week saw most types well supported, despite a slightly firmer NZ dollar.

A versatile and stylish South Island selection on offer this week saw most types well supported, despite a slightly firmer NZ dollar, says NZ Wool Services International's chief executive John Dawson.

Compared to the last sale on November 26 the indicator for the main trading currencies was up 1.05% only having minimal impact in some quarters.

Dawson advises that compared to the last time sold on November 19, merino fleece 20.5 microns and finer were firm to 1.5% easier with 21 to 23.5 microns 1 to 3% dearer.

Mid micron fleece 24 to 29.5 microns were 1% dearer.

Compared to the sale on November 26;

Fine crossbred full fleece 32 and 33 microns were up to 5% cheaper with 34 and 35 microns 1% dearer. Fine crossbred shears were firm to 2.5% cheaper.

Coarse crossbred full fleece 36 microns and coarser were firm to 1% firmer.

All shear types remained firm.

Good colour short oddments were firm to 3% dearer.

There was well spread interest with China and Australasia dominating, supported by Western Europe, Middle East, United Kingdom and India sparingly.

The next sale on December 10 comprises about 9,200 bales in the North Island, including the wools from this week's cancelled sale.

More like this

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.

Getting sheep shape at Pyramid Farm

The vineyards at Pyramid Farm in Marlborough’s Avon Valley have never been run of the mill, with plantings that follow the natural contours of the land, 250 metres above sea level.

Featured

Editorial: Time for common sense

OPINION: The case of four Canterbury high country stations facing costly and complex consent hearing processes highlights the dilemma facing the farming sector as the country transitions into a replacement for the Resource Management Act (RMA).

National

Machinery & Products

Calf feeding boost

Advantage Plastics says it is revolutionising calf meal storage and handling, making farm life easier, safer, and more efficient this…

JD's precision essentials

Farmers across New Zealand are renowned for their productivity and efficiency, always wanting to do more with less, while getting…

» Latest Print Issues Online

The Hound

Are they serious?

OPINION: The Greens aren’t serious people when it comes to the economy, so let’s not spend too much on their…

A hurry up!

OPINION: PM Chris Luxon is getting pinged lately for rolling out the old 'we're still a new government' line when…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter