Saturday, March 30, 2024

Buyers in quick for new mid-micron fleece

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New season mid-micron wool starred at Thursday’s Christchurch wool sale where poorer-quality, crossbred fleece again struggled for attention.
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In the mid-micron range, good quality 30 micron was up 9% on the previous sale and 25 to 27 micron nearly as good, with the market also helped by a lower dollar.

Superior and well-prepared crossbred wools were sought out by buyers, PGG Wrightson South Island sales manager and auctioneer Dave Burridge said. 

Buyers were selective and focused on wools with very low vegetable matter.

The 31 to 35 micron wools were 1% to 6% stronger than on July 18, with poorer fleece down by 2% to 4%. The better 35 micron and stronger wools were 1% to 3% better but poorer offerings 2% to 3% cheaper.

Crossbred second-shear wool was largely steady. The pass-in rate was 17%.

Details, in microns, price/kg clean: Full wool, good to average colour: 25, $15.27, up $1.13; 26, $13.80, up 92c; 27, $12.35, up 70c; 28, $11.03, up 20c; 29, $9.76, up 26c; 30, $9.25, up 75c; 31, $6.36, down 44c; 32, $5.30, up 17c; 33, $4.90, up 21c; 34, $3.89, up 15c; 35, $3.50, down 20c; 36, $3.24, down 18c; 37, $3.10, down 10c; 38, $3.10, down 10c; 39, $3.09, down 4c. Crossbred second shear: 33, 3 to 4 inches, $4.17, down 4c; 2 to 3 inches, $3.47, up 7c; 35, 3 to 4 inches, $3.08, down 7c; 2 to 3 inches, $2.63, down 2c; 37, 3 to 4 inches, $2.88, down 8c; 2 to 3 inches, $2.58, up 3c; 39, 3 to 5 inches, $2.77, up 2c; 3 to 4 inches, $2.70, up 2c; 2 to 3 inches, $2.54, up 4c. 

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