Official report, prices

Press, Volume CXV, Issue 33964, 3 October 1975, Page 11

Official report, prices

Most fleece wools were unchanged on rates ruling at Dun edin on September 11. accord Ing to the official report of the second Christchurch wool sale yesterday. The offering of 22,332 bales included 42 per cent of halfbred and Corriedale fleece wool. 20 per cent of crossbred fleeces, 6 per cent Slerino fleece with the balance made up of oddments. The offering was drawn mainly from Canterbury, with small quantities from Marlborough, Nelson and the West Coast. There was a good selection of well-grown Corriedales and halfbreds which showed better style than usual for this sale.

The clips from the higher country were also better grown and showed less vegetable fault than normal. A small percentage of the woo! was faulted with dust.

The crossbreds were better grown than has been the case for some years at this sale, and were generally long in staple, and showed good colour.

In general the offering reflected the favourable growing conditions, and was one of the better showings for an October gale for some years. Competition was fairly general on all descriptions. The Continent, supported by local mills and Eastern Europe, was the principal buyer, with some support from Japan. Compared with the Dunedin sale on September 11, the following were the trends:— Merino, irregular and slightly, easier; extra fine and fine halfbreds. in sellers’ favour; medium strong and extra strong halfbreds and halfbred woolly hoggets, unchanged: halfbred skirtings. and oddments, in buyers' favour; strong crossbreds, unchanged; crossbred woolly hogget, shorn hogget and secondshear. in buyers’ favour; crossbred skirtings and oddments. 21 per cent cheaper. The Wool Marketing Corporation gave substantial support to the market, especially on fine wools, by bidding on 13,963 bales or 66.61 per cent of the offering, and having 3602 bales or 16.15 per cent sold or passed to it. Prompt date for the sale Is October 20, 1975.

The Christchurch Woolbrokers' Association has added to the market report a guide to growers on supplementary payments. Growers should also refer to the minimum floor price sheet sent out by the Wool Marketing Corporation. The following is the range of prices:— Market Supp. price price Fine Merino, 64/70s: Good 205/214 193/211) Medium Merino, 60/645: Good to super /213 203/211) Good 175/201 191/200 Average 145/165 177/190 Extra Fine Halfbred and Corriedale, 58/60s: Good to super 176/190 194/205 Good 150/168 180/193' Average 137/149 169/172 Fine Halfbred and Corriedale,' 86/SU: Good to super /164 /199 Good 145/157 176/187) Average 125/143 167/175 Medium Halfbred and Corriedale, m /y;Good to super 143/152 179/187) Good 137/142 167/1781

Average 125/135 156/16F Strong Hallbred and Corriedale 52/545: Good to super 139/144 174/182 Good 128/137 162/173 Average 119/127 149/151 Extra Strong Halfbred and Cor riedale, 50/525: Good 127/139 150/161 Average 120/126 141/149 Fine Crossbred, 52/525: Good 135/146 155/166 Fine Crossbred, 43/50s: Good 132/145 153/160 Average 119/130 143/151 Medium Crossbred. 46/50s: Good to super /146 /165 Good 133/140 147/160 Average 122/130 140/146 Strong Crossbred, 44/48s: Good to super /145 /163 Good 132/139 146/1561 Average 121/131 135/146 WOOLLY HOGGET Fine Halfbred and Corriedale, i56/58s: Good to super 169/130 191/201 I Good 148/164 175/190 Average 133/142 165/174 Medium Halfbred and Corriedale. 54/565: Good 149/156 183/189 Average 136/147 173/181 Fine Crossbred, 50/525: Good 131/137 159/163 Fine Crossbred 48/50s: Good to super 137/139 162/171 Good 130/136 147/153 SECOND SHEAR Strong Crossbred, 44/48s, 3in to sin: Good 140/145 143/151 Average 125/136 136/141 Strong Crossbred. 44/48s, 2in to 3in: Good 123/136 133/134 ) Average 109/122 126/133 NECKS 'Fine Halfbred, Average/good 124/134 146/160 Medium Halfbred:

Average/good 116/126 143/149 ?ine Crossbred: Average/good 117/124 118/122 PIECES Merino: Average/good 120/131 134/148 Fin e Halfbred: Average/good 102/114 129/140 Medium Halfbred: Average/good 99/110 116/130 Medium Crossbred: Average/good 98/108 94/118 BELLIES Merino: Average/good 90/114 123/134 Fine Halfbred: Average/good 90/105 109/123 Medium Halfbred: Average/good 90/100 86/97 Medium Crossbred: Average/good 91/103 88/99