Saturday, April 20, 2024

Buyers keen on lambs’ wool

Avatar photo
Most types of wool improved in price at Thursday’s Napier sale.  Good colour lambs’ wool was especially sought-after. The 28 to 29-micron lambs’ wool was between 2% and 4% dearer on the day, compared to a week earlier, PGG Wrightson’s North Island auctioneer Steve Fussell said.
Reading Time: < 1 minute

In a competitive market lambs’ wool oddment also sold well.

At the Christchurch sale prices mainly levelled out. A good clearance of stocks indicated  growers are meeting the market, Wrightson’s South Island sales manager Dave Burridge said.

The pass-in rate in Christchurch was 11%, compared to 3% at Napier.

Napier: Full wool (good to average colour): 35-micron, $2.72kg/clean; 37, $2.92, up 4c. Crossbred second shear: 33-micron, 2-to-3 inches, $3.56kg/clean; 37, 3-to-4 inches, $2.76, up 34c; 2-to-3 inches, $2.56, down 19c. Lambs’ wool: 28-micron, 2-to-3 inches, $6.59, up 24c; 29, 2-to-3 inches, $5.76, up 14c.

Christchurch: Full wool (good to average colour): 27-micron, $10.60kg/clean, up 9c; 28, $9.18, up 8c; 29, $8.40, up 20c; 30, $6.84, up 8c; 33, $3.81, up 1c; 34, $3.29, up 3c; 35, $2.87, down 3c; 36, $3, up 10c; 37, $2.93, up 1c; 38, $2.84, up 3c; 39, $2.81, up 1c. Crossbred second shear: 33-micron, 3-to-4 inches, $3.46kg/clean, up 2c; 2-to-3 inches, $3.51, up 1c; 35, 3-to-4 inches, $2.86, down 3c; 2-to-3 inches, $3, up 3c; 37, 3-to-4 inches, $2.80, down 23c; 2-to-3 inches, $3.01, up 4c; 39, 3-to-5 inches, $2.80, down 2c; 3-to-4 inches, $2.80, down 10c; 2-to-3 inches, $3.00, up 10c. Crossbred lambs’ wool, first shear: 27-micron, $7.10kg/clean; 28, $6.80, down 5c; 29, $6.36, up 26c; 30, $5.68, up 3c; 31, $4.62, up 2c; 32, $3.60, up 8c.

Total
0
Shares
People are also reading