There was strong interest in 27 to 29 micron fine lambs’ wool at Napier and other new-season lambs’ wool was also in good demand but otherwise the market was back on the previous sale, PGG Wrightson North Island auctioneer Steve Fussell said.
There were 17,000 bales split between the two venues, with 11,000 in Napier, of which 14% were passed in, not meeting the vendor reserve. The smaller Christchurch offering had a 25% pass-in rate but some second shear crossbred wools were sold higher.
The volumes included more wool from last season coming out of storage as growers decided to try to cash in on it but the clearance rate was not as good as other recent sales.
The volumes of older wool would have to be well managed from now on so they did not oversupply the market now that good numbers of new season bales were coming through, Fussell said.
Oddments were cheaper at both venues.
Napier prices: in micron, sold per kilogram clean.
Full wool, good-to-average: 29 micron, $5.51; 33, $3.88, down 22c; 34, $3.81, down 56c; 35, $3.27, down 17c; 36, $3.25, down 18c; 37, $3.08, down 24c; 38, $3,08, down 25c; 39, $3.21.
Crossbred 2nd shear: 33 micron, 3 to 4 inches, $3.79, up 14c; 35, 3 to 4 inches, $3.24, down 21c, 2 to 3 inches, $2.91, down 18c; 37, 3 to 4 inches, $3, down 37c, 2 to 3 inches, $2.91, down 19c; 39, 3 to 5 inches, $3.32, up 7c, 3 to 4 inches, $3.03, down 22c.
Lambs’ wool: 27 micron, 2 to 3 inches, $8.12; 28, 2 to 3 inches, $5.94; 29, 2 to 3 inches, $5.64.
Christchurch prices, in micron, sold per kilogram clean.
Full wool, good-to-average: 31 micron, $4.21; 32, $3.98, down 20c; 33, $3.80, down 2c; 34, $3.65, down 7c; 35, $3.43, down 9c; 36, $3.32, down 10c; 37, $3.30, down 10c; 38, $3.30, down 18c; 39, $3.28, down 12c.
Crossbred, 2nd shear: 33 micron, 3 to 4 inches $3.50, down 2c; 35, 3 to 4 inches, $3.35; 37, 3 to 4 inches, $3.30, up 4c, 2 to 3 inches, $3, up 2c; 39, 3 to 5 inches, $3.30, up 9c, 3 to 4 inches, $3.22, up 2c; 2 to 3 inches, up 2c.
Lambs’ wool: 28 micron, $6.15; 29, $5.05; 30, $4.18; 31, $3.85; 32, $3.71; 33, $3.25.
