Official report, prices

Press, 25 September 1980, Page 18

Official report, prices

Values were generally firm to dearer on the first day of this week’s two-day wool sale in Christchurch yesterday, according to the official report on the sale issued by the Christchurch Woolbrokers’ Association in coriiunction with the Wool Board and the New Zealand Woolbuyers’ Association. Compared with the Dunedin sale on September 18, Menno was irregular but in sellers favour; fine Halfbreds were up to 21 per cent: and medium, strong and extra strong Ha breds and Halfbred . skirtings and oddments were in sellers Also compared with the Auckland and Napier combined sale last Friday, fine crossbreds were in sellers’ favour; medium crossbreds firm; strong crossbreds barely steady; crossbred secondshear irregular but generally un. changed; crossbred skirtings and oddments in sellers’ favour; and crossbred crutchings 21 per cent dearer. Competition was keen and well spread for all descriptions. China, supported by Western and Eastern Europe, purchased the main weight of wool. The New Zealand Wool Board gave moderate support to the market, bidding on 4207 bales or 20.5 per cent of the offering and having 823 bales or 4 per cent sold or passed to it. The offering for the first day totalled 20,719 bales. drawn mainly from Canterbury, but also including a reasonable quantity from Marlborough and a few lots from Nelson. The fleece wools were mostly pre-lamb shorn, with a large representation from the Canterbury high country in the finer qualities. These Halfbreds and Corriedales were typical of the selection at this time of the year, being well grown and high yielding, but many were faulted

by vegetable matter which depressed prices. The crossbreds, in the main, were attractive and also high yielding and of good colour and length. This also applied to a good selection of shorn hoggets and second-shear wools in these qualities. The following is the official range of prices issued by the Christchurch Woolbrokers’ Association: Fine Merino, 64/70s:

e c Good to super 370 to 405 Good to 390 Medium Merino, 60/4, 64s: . to 377 Good 350 Average 325 to 345 Extra Fine Halfbred and Corriedale, 58, 58/60s:Good to super 316 to 336 Good 292 to 312 Average and 277 to 297 Fine Halfbred Corriedale- 56/8s: Good to super 307 to 323 Good 282 to 302 Average 268 to 288 Medium Halfbred and Corriedale, 54/6s: 303 to 315 Good to super Good 282 to 302 Average .. Strong Halfbred and 266 to 286 Corriedale, 50/ 54s: Good to super 230 to 308 Good to 300 Average Fine Crossbred, 50/ 264 to 284 52s: Good to super 310 to 319 Good 295 to 309 Average 280 to 294 Medium Crossbred, 46/50s: Good to super 316 to 344 Good • • 295 to 315 Average 44/ 282 to 302 Strong Crossbred 8s: Good to super 315 to 325

Good 294 to 314 Average .. 280 to 300 SHORN HOGGET Medium Halfbred and Corriedale, 54/8s: Good 284 to 298 Average 272 to 286 Fine Crossbred. 48/ 50s: Good to super 308 to 318 Good 287 to 307 Average .. 269 to 286 SECOND-SHEAR Medium Halfbred and Corriedale. 54/56s: Good 280 to 291 Average 257 to 279 Strong Crossbred, 44/8s, 3in-51n: Good to super 302 to 315 Good 281 to 301 Average 270 to 285 Strong Crossbred, 44/8s, 2in-31n: Good 280 to 299 Average 264 to 279 NECKS Fine Halfbred, 56/8s: Average/good 250 to 277 PIECES Medium Halfbred, 50/6, 56/58s: Good 227 to 247 Average 213 to 233 Medium Crossbred, 46/50s: Average/good 230 to 255 BELLIES Medium Halfbred, 50/6, 56/58s: Good 207 to 227 Average 186 to 206 Medium Halfbred, 46/50s: Average/good .. 205 to 240 CRUTCHINGS Halfbred, 50/8s: Good 200 to 227 Average 179 to 199 Medium Crossbred, 46/50s: Good 228 to 248 Average , 207 to 227 LOCKS Halfbred: Average/good 140 to 160