Co-op boosts chilled exports to China
Alliance Group has secured greater access for chilled beef exports to China, following approval for two of its processing plants to supply the market.
Of the 6,500 bales on offer 97.5% sold.
The weighted indicator for the main trading currencies was up 1.35% compared to the last sale on 19th November, accounting for a corresponding local market reduction in some sectors.
Dawson advises that the finer end of the Fine Crossbred Fleece were up to 1.5% dearer with the stronger end buyer's favour.
Fine Crossbred Shears 3 to 5 and 3 to 4 inches were firm to 2.5% cheaper with the shorter lengths firm to 2% dearer.
Coarse Crossbred Full Fleece were 1.5% cheaper with Coarse Shears firm to 2% dearer.
Long Oddments remained firm with shorter oddments 3 to 7% cheaper.
Lambs Fleece were nominally unchanged.
Well spread competition with China and Australasia principals supported by Western Europe, Middle East, India and the United Kingdom.
Next sale on 3 December will comprise of approximately 5,000 bales from the South Island with the North Island sale cancelled due to weather affecting shearing.
