Widespread South Island rain meant the offering was about 2000 bales down on the rostered level and buyers bid up to secure supplies before Christmas, PGG Wrightson’s South Island sales manager Dave Burridge said.
Prices finished in sellers’ favour compared to the disappointing levels during the live auction in Show week.
That was especially so for a limited offering of mid-micron wool, securing a sharp lift in line with gains in Australia earlier in the week. Mid-microns were 4% to 10% with the best gains at the finer end. Merino wools were ahead by 2% to 3%.
Burridge said a few lots of last season’s lambs’ wool also sold at good levels, possibly an indication new season wool will be in keen demand.
Crossbred fleece lifted slightly off lower levels, with 35.1-micron and stronger up to 2% better. Trading in second-shear crossbred was more muted.
The pass-in rate was 13%.
Details (all in micron level and price per kg/clean):
Full wool, good-to-average colour: 25-micron, $13.80kg/clean, up $1.07; 26, $12.04, up $1.44; 27, $10.29, up 40c; 28, $8.90, up 65c; 29, $8.32, up 50c; 31, $5.15, up 65c; 32, $4.70, up 40c; 33, $3.72, up 6c; 34, $3.22, up 7c; 35, $3.05, up 8c; 36, $3.03, up 3c; 37, $3, up 5c; 38, $2.98, steady; 39, $2.98, steady.
Crossbred second shear: 33-micron, 3-to-4 inches, $3.35kg/clean, steady; 2-to-3 inches, $3.09, down 11c; 35, 3-to-4 inches, $3.03, up 6c; 2-to-3 inches, $3, up 3c; 37, 3-to-4 inches, $3, up 5c; 2-to-3 inches, $3, steady; 39, 3-to-5 inches, $3.02, up 7c; 3-to-4 inches, $2.98, up 3c; 2-to-3 inches, $3, steady.
Merino fleece, best/good topmaking: 16-micron, $27.80, up 60c; 17, $27.10, up 60c; 18, $25.15, up 85c; 19, $24.50, up 30c; 20, $23.30, up 30c; 21, $21.55, up 25c; 22, $20.56, up 24c.
