Merino wool record

Press, 28 November 1980, Page 2

Merino wool record

PA Dunedin The record for Merino fleece wool was broken three times during the Dunedin wool sale yesterday in a market described as the most buoyant for years. A top price,;of 527 c a kilogram was paid for a tenbale line of extra fine Merino hogget, sold on behalf of Kane and Sullivan, Little Valley, Alexandra. Compared with the last fin e-w o o 1 sale, in Christchurch on October 31, Merino fleece was 2j to 7| per cent dearer. Halfbred fleece was up 2j per cent and Halfbred skirtings up 2J to 5 per cent. Compared with the Invercargill sale on November 20, crossbred fleece was up to 2| per cent dearer, and skirtings were up 2| to 5 per cent. Crossbred, oddments and crutchings were unchanged. The main competition came from Eastern Europe, the Far East, supported by Western Europe and New Zealand mills. The Wool Board bid on about 11 per cent of the offering and bought 3 per cent. The offering of 28,157 bales was made up of: Merino, 22 per cent; Halfbred and Corriedale, 27 per cent; crossbred, 19 per cent; oddments, 32 per cent. Apart from a few of the better known grower brands in the Merino and Halfbred offering, the standard was not on a par for a November showing, many clips reflecting the poor weather in late October. The adjusted weighted average sale price was 255.46 c a kilogram. The range of prices included.—

c c Super-fine Merino, 70/8Os: Super .. .. 463 to 489 Good to super .. 428 to 462 Good .. 390 to 429 Medium Merino, 60s and 60/64s: Super .. 418 to 428, Good to super .. 396 to 417 Good .. .. 369 to 395 Average ■ ■ 335 to 368 Fine Halfbred, 58/ 60s: Super .. .. 404 to 413 Good to super .. 389 to 403 Good .. . .. .358;to 388 Average .. 332 to 358 Medium Halfbred, 56s and 56/58S: Good to super .. 336 to'350 Good .. 292 to 325 Average 253 to 291 Extra Fine, Crossbred, 50/52s and ■ ■ 52s: ■ ' •. Good to super .. 291 to 307 Good .. .. 272 to 290 Average .. 252 to 271 Medium Crossbred. 46/50s: . Good to super .. 310 to 312 Good -. 289 to 309 Crossbred, 44/46s and ..■■Coarser: ' • ‘ Super ■ .. 315 to 322 Good to super 296:tO 314 Good .. . .. 281 to 296 Average • • 266 to 280 Woolly hogget Medium Halfbred, 56s >and-56/58s: - ' Good to super' f. 333 to 343 Good .. ■ • 300 to 332 Medium Crossbred, 48s and 48/50s:. Good to super .. 286 to 296 Good .. - --. 265 to 285 Average ...... 252 to 264 Shorn hogget Fine Crossbred, 50s ’ and 50/52s: » < Good to super «. 283 to j03 Good -- -- 272 to 28< Average • ■ 262 to 271 Second shear Crossbred, 4in to 6in, 44/48s: Good to super .. 266 to 286 Good . . •• 24a to 265 Average ■ • 236 to 243 Crossbred, 2in to 4itt: - , ■ n(a Good .... 254 to 264 Average - - 236 to 3o3 Pieces C AvS’ 4 =2* £ *« Muddy 6