Prices Down At Dunedin Sale

Press, Volume CV, Issue 31061, 17 May 1966, Page 5

Prices Down At Dunedin Sale

(New Zealand Press Association) DUNEDIN, May 16. From the growers’ point of view, the eighth and final wool sale of the Dunedin season today was a disappointing one. Prices for the medium to coarse crossbreds, which made up the bulk of the offering of 18,520 bales, were slightly down on those obtained at Invercargill.

Second shear wools were also slightly cheaper but the Merino and half-bred available sold slightly better than at Christchurch on April 27. Fewer buyers than usual were present and most of the wool was bought by European firms. Passings were frequent, although most lots were quiet later, and the wool commission bid for poorer lines. The official report issued by the Dunedin Wool-Brokers' Association, the New Zealand Woolbuyers’ Association and the New Zealand Wool Commission is: “The eighth and final Dunedin wool sale was held today in the wool exchange when 18,500 bales were offered to a representative bench of buyers. “The selection was a varied one and typical of an end of season sale. Second shear and lambs fleece provided a fair proportion of the offering, with crossbred fleece and oddments making up most of the balance, there being only a very limited number of fine wools catalogued. “Apart from a few choice lots of second shear and lambs fleece the bulk of the selection in these descriptions was a little disappointing. “As compared with the last representative offering of fine wools at Christchurch on April 27, Merinos and halfbreds are quoted as being in sellers’ favour. “Compared with the Invercargill sale, medium to coarse crossbred prices overall were a little easier. Realisations for second shear wools slightly favoured buyers. “Lambs fleece was In sellers’ favour with skirtings generally unchanged. “Although competition was fairly widespread, the Continent lifted the weight of the offering.” The prompt date is June 3. The official range of prices: d. d. Extra Fine Crossbred, 54/SSS Good 551 to 571 Lambs Halfbred Lambs—

Average to good 53 to 55 Average 49 to 52} Inferior 37 to 45 Fine Crossbred, 50/ 52’s— Good 50 to 53 Average to good 47 to 49} Average 44} to 46? Inferior 36 to 43 Medium Crossbred, 48/50’s— Good 46 to 47} Average to good 43} to 45} Average 40 to 43} Crossbred, 46/48’s-r-Good 42} to 44 Average to good 40} to 42 Average 38 to 40 Coarse Crossbred, 44/46’s— Good 42 to 43} Average to good 40 to 41? Average 37} to 39} Inferior 35} to 37 Southdown, 58/60’s — Good 51 to 55 Average to good 47 to 50} Inferior 36 to 40 Second Shear Halfbred, 56/58’s— Average 39 to 41? Fine Crossbred 50/ 56’s 1 — Good 46 to 48 Average to good 43} to 45? Average 41 to 43 Crossbred, 46/50's — Good to super .. 44 to 46? Average to good 42 to 43? Average 39} to 41 Inferior 36 to 38 Average to good 43 to 46 Average ,. 39 to 42 Inferior 36 to 38} Fine Crossbred Lambs— Super — to 53 Good 47 to 49} Average to good 44 to 46 Average .. 41} to 43} Inferior 36 to 39 Crossbred Lambs— Super —— to 50} Good 46 to 49 Average to good 43 to 45 Average .. 41 to 42} Inferior 38 to 40} Necks Crossbred — Average .. 40 to 42} Inferior ». 37 to 38} CrossbredAverage .. 40 to 42} Inferior 37 to 38} Pieces Crossbred— Average .. 35 to 37} Inferior 29 to 32 Bellies Crossbred — Average to good 34 to 36 Average .. 32 to 33} Inferior 27 to 31 Crutchlngi Fine Crossbred— Average .. 30} to 33} Inferior 23} to 26 Crossbred — Average to good 38 to 41} Average-.. 33 to 37 Inferior 26 to 30 Leeks Crossbred— Average »» 17 to 81