Official report, and prices

Press, 23 August 1979, Page 24

Official report, and prices

There was little change in the market, according to the official report yesterday on the Timaru wool sale, issued by the Woolbuyers’ Association, Woolbrokers’ Association, and the Wool Board.

Compared with the Invercargill sale on Friday crossbred fleece was irregular but generally unchanged. Crossbred skirtings, second-shear, and oddments were all firm, but crossbred crutchings were up to 2i per eent dearer.

Halfbred fleece was firm on rates paid at the Dunedin fine wool sale last week and skirtings were in sellers’ favour. The main competition came from the Middle East, Japan, and Eastern Europe, supported by Bradford and local mills. The offering was the largest for a Timaru August sale for more than 10 years. The catalogues comprised 15.043 bales of greasy wool and 38 bales of scoured wool, 184 bales being offered on behalf of the Wool Board.

The wool was principally drawn from South and MidCanterbury, and North Otago. It Included mainly pre-lamb shorn crossbred fleece, crutchings, and | oddments. It was made up of 0.5 per cent Merino, 13.14 per cent of Corriedale and halfbred, 34.54 per cent of crossbred. 6.18 per cent second-shear, 1.07 per cent lambs’ wool, 16J6 per cent crutchings, 14.5 per cent bellies, and 1341 per cent of oddments and miscellaneous wool. Reflecting the favourable winter the crossbred fleece was very well grown, sound, of good colOur, and high yielding—yields "and slight discoloration varied a "little from district to district. Generally clips were cleaner with little evidence of molt. A lighter weight of fine wools Was made up mainly of Corriedale and Halfbred clips. These were of good length, sound, good yielding and of fair colour, but some lines showed slight discoloration, a little dust, and appeared a little off-colour. The very few Merino lots offered included some attractive high yielding lines. ► Crutchings and oddments were Of fair to good length with some degree of discoloration, and some carried light mnd. The Wool Board gave limited support to the market by bidding cp . s -* P«r cent of the catalogues ~p ? ,r ? h ’ ’!n g or having passed the 13 offe?in S C * nt The official range of prices is as follows:

-Tta* Merino, Ms and e e Finer Good to super 304 to 317 Good -Fine Halfbreds, 58. 281 to 303 ■ and M/«Qs: Good 271 to 277 Average 253 to 270 Medium Halfbred, 56s Good 271 to 278 Average Strong Halfbred, 54s 250 to 270 and 84/56.: Good to auper 283 to 293 Good 268 to 287 Half248 to 247 bred. 52s and 52/ Ms:

Good to super .. 281 to 303 Good 264 to 280 Average 247 to 263 Extra Fine Crossbred, 50/52s and 52s: Good to super 295 to 309 Good 288 to 294 Average 265 to 287 Fine Crossbred, 48/50s and 50s: Good to super .. 298 to 307 Good 289 to 297 Average 274 to 288 Medium Crossbred, 46/50s : Good to super 304 to 318 Good 287 to 303 Average 265 to 286 Coarse Crossbred, 48/ 48s and Coarser: Super 310 to 326 Good to super 299 to 309 Good 279 to 298 Average 265 to 278 Woolly hogget Extra Fine Crossbred, 52s and 52/54s: Good 278 to 294 Shorn hogget Extra Fin? Crossbred, 52s and 52/54s: Good 276 to 293 Fine Crossbred, 50s and 50/52s: Good 279 to 303 Second-shear Halfbred: Good 258 to 275 Average 240 to 257 Crossbred, 3in to 4in, 46/50s: Good to super 298 to 307 Good 285 to 297

Average 272 to 284 Crossbred, 2in to 3in, 44/48s: Good 283 to 294 Average 266 to 282 First lambs Crossbred, 48/50s and 50s: Good 278 to 287 Average 262 to 277 Necks Halfbred, 54/58s: Good 265 to 273 Average 247 to 264 Crossbred, 48/50s; Good 263 to 273 Average to good .. 245 to 262 Pieces Halfbred, 54/58s: Good-average 216 to 230 Poor-average 198 to 215 Crossbred, 46/50s: Good-average 239 to 256 Poor-average 217 to 238 Bellies Merino, 6084s: Average 224 to 248 Halfbred, 54/58s: Good-average 199 to 212 Poor-average 185 to 198 Crossbred, 46/50s: Good-average 218 to 237 Poor-average 186 to 217 First crvtchings Halfbred, 54/58s: Good-average 199 to 2-15 Poor-average 179 to 198 Crossbred, 44/48s: Good super 247 to 273 Good 234 to 246 Good-average 217 to 233 Poor-average 194 to 216