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The 9500 bales on offer at this week's North Island sale saw a 93% clearance with a generally firm market, says New Zealand Wool Services International Ltd's general manager John Dawson.
The weighted indicator for the main trading currencies eased 0.94% compared to the last sale on November 8, helping local prices.
Dawson says the fine crossbred fleece was slightly buyers' favour with longer shears up to 2% easier and shorter types firm.
Coarse full length crossbred fleece and longer shears remained firm with 2 to 4 inch wools firm to 1.5% dearer and 2 to 3 inch up to 2.5% stronger. Crossbred oddments generally remained firm.
There was limited competition with China dominating supported by India, Middle East, Western Europe and the United Kingdom.
The next sale on November 22 comprises about 10,255 bales from the South Island.
The recently signed free trade agreement with India is an invitation to strengthen relationships between the New Zealand and Indian strong wool industries, says Wool Impact chief executive Andy Caughey.
Strong competition and tightening supply have seen wool reach its highest prices paid at auction since 2011.
A collaboration between two New Zealand companies will see wool used as a renewable colour source for 3D printing.
OPINION: A bumper season all around.
The conversion of productive farmland into trees has pretty much annihilated the wool industry.
Tickets are now available for the 2026 Arable Awards, set to be held in Christchurch on 20th August.
Environment Southland is calling on residents to be vigilant and check their properties after a new Old Man's Beard site was discovered near Dipton.
Amelia Marsden has secured the 2026 Nelson Young Grower title for the second year running, earning another opportunity to represent the region at the national Young Grower of the Year competition later this year.
Federated Farmers is urging the Government to put a halt to Waikato Regional Council's controversial Plan Change 1 (PC1), warning the regulations will impose significant costs, complexity and duplication on thousands of farmers while major national reforms remain unresolved.
Joshua Irving has been named the 2026 Ormond Nurseries North Canterbury Young Viticulturist of the Year.
Vets say they support the responsible use of virtual fencing and virtual herding technology for cattle and wants to work with farmers, manufacturers and government to help shape standards for future use backed by ongoing research to strengthen animal welfare outcomes.
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