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Official report, prices

TIMARU. ' All descriptions of wool were quoted as being easier on recent rates, in the official report of the Timaru wool sale yesterday. The report said there was: fairly general demand for cross-! breds, but the demand was more, restricted for halfbreds. Best-; style fine and extra-fine Merinos commanded a substantial i premium at times. Eastern Europe and the Con tinent were the principal buyers,; with local mills dominating the; Merinos. The Wool Marketing Corpora . tion gave moderate support to. the market by bidding on 14.43 j per cent of the offering, and: purchasing, or having passed to j it, 484 bales, oj? 2.1 per cent. The report quoted fine and extra-fine Merino fleece as being in sellers’ favour, medium and strong Merino, 2i per cent cheaper; halfbred fleece.s per: cent cheaper: halfbred 7 skirtings.■ 5 to 7i per cent cheaper; cross- ( bred fleece in buyers favour, and crossbred skirtings in buyers! favour. The comparison of the market | for crossbred wool was made with the Wellington sale earlier this week, and • the comparison! for the fine-wool market with, the Christchurch sale last week.; The following is the official I range of market prices, and the final price (with supplements).; payable to growers:—

Good 155/162 Average 149/154 Coarse Crossbred. 46/48s, and ' coarser: Good to super 160 170 Good 152/159 Average 148/151 WOOLLY HOGGETS Fine Half bred: Good 168/181 179,183 Average 155/167 Medium Half bred 56/58s: Good to super 164/176 Good ’ 151/163 177/191 Average. 142/150 Strong Halfbred, 54/565: Good 154/160 166/176 Average 138/153 Extra Fine Crossbred. 52/545: Good to super 160/167 Good 155/159 Fine Crossbred, 50/525: : Good 155/163 Average 146/153 Medium Crossbred. 48/50s: Good to super 156/166 SHORN HOGGETS Extra Fine Crossbred, 52/545: Good 158/168 Average 140/157 Fine Crossbred, 50/525: Good to super 161/167 Good 155/160 Average 148/154 NECKS Merino: Good 182/199 Average 165/181 Halfbred: Average 146/166 148/156] Poor 125/145 Crossbred: Good 151/155 Average 146/150 PIECES Merino: Good 158/179 ■ Average 148/157 Halfbred: Good 125/131 Average 111/124 122/125 Poor 100/110 Crossbred: Good 126/132 Average 120/1

Market Supp. Price Price Merino: Super /232 223/230 Good to super 209/221 212/222 Good .. 199/208 193/211 Average .. 176/198 184/194 Medium Merino, 60/64s: Super /224 Good to super 204/211 213/228 Good .. 181/203 201/212 Average . 162/180 191/200 Quarterbred. 60/64s: Good 175/191 Halfbred, Fine: Good 175/186 191/203 Average 156/174 180/190 Medium Halbred, 56/58S: Good 157/168 174/186 Average 150/156 160/173 Strong Halfbred, 54/56s: Good 150/160 161/177 Average 136/149 152/159 Extra-strong Halfbred. 52/54s: Good to super 154/158 171/180 Good 147/153 157/170 Average 135/146 149/156 Extra Fine Crossbred: Good to super 154/161 Good . 145/153 Fine Crossbred, 48/50s: Good to super 156/165 Good 147/155 Medium Crossbred. 46/50s: Good to super 163/169

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19751211.2.165

Bibliographic details

Press, Volume CXV, Issue 34022, 11 December 1975, Page 19

Word Count
439

Official report, prices Press, Volume CXV, Issue 34022, 11 December 1975, Page 19

Official report, prices Press, Volume CXV, Issue 34022, 11 December 1975, Page 19

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