Dunedin wool firm
PA Dunedin Only substantial support from the Wool Board kept prices steady at. the Dunedin wool sale yesterday. The board bid on 90 per cent of the catalogue and bought 14,700 bales — about half the offering. In recent months the board has been buying an increasing percentage of the wool on offer at each sale. At the last Dunedin wool sale it bid on 81 per cent and bought 39 per cent. The offering, .of 30,000 bales of greasy ..wool consisted of 4 per cent Merino, 13 per cent Halfbred fleece, 41 per cent crossbred fleece. 14 per cent lambs’ fleece, 6 per cent second-shear, and 22 per cent oddments. For a March sale the crossbred fleece' opened up in good order, although cotted and tender wool was evident in some grower lots. Lambs’ fleece was not up to a high standard, many lines showing poor shed handling.
Prices for Merino fleece were firm, and Halfbred fleece and Halfbred skirtings unchanged, according to the official report. Compared with the Napier sale on March 20, crossbred fleece and second-shear were barely steady. Crossbred skirtings, oddments, first and second lambs’ wools were unchanged. Competition came mostly
. from Western and Eastern I Europe, supported by New ; Zealand mills and the Far East. ) The adjusted weighted ■ average sale price was 244.93 c a kilogram. , The range of prices was: Merino. Extra Fine, ; 64/70s and Finer: . Good .. .. 396 to 412 Average . 350 to 390 Medium . Merino, 60s and 60/645: Good ... 371 to 400 Average 347 to 370 Medium Halfbred, 56s and 56/58s: Good .. 283 to 318 Average ... 253 to 278 Fine Crossbred, 48/ 50s and 50a: Good .. .. 249 to 267 . Average .. 232 to 243
Medium Crossbred. 46/50s: Good .. .. 251 to 269 Average .. 236 to 250 Coarse Crossbred, 44/46.S and Coarser: Good .. .. 253 to 273 Average .. 239 to 252 Shorn hoggets Fine Crossbred, 50s and 50/525: Good .. .. 258 to 271 Average to good .. 247 to 257 Average 236 to 246 Second-shear Halfbred: Good .. .. 254 to 273 Average .. 234 to 253 Crossbred, 4in to 6in, 44/48s: Good to super .. 273 to 283 Good .. .. 252 to 272 Average .. 238 to 251 Crossbred. 2in to 4in, 44/48s: Good .. 256 to 269 Average .. 232 to 255 Lambs Halfbred. 54/535: Good .. .. 242 to 253 Average . 229 to 241 Long Crossbred, 48/ 50s: Good 242 to. 262 Average .. 236 to 241 Short Crossbred, 48/ 50s: Good .. .. 238 to 256 Average ... 229 to 237 Pieces Crossbred, 46/50s: Average to good .. 247 to 257 Average .. .. 152 to 187
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Press, 27 March 1981, Page 3
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417Dunedin wool firm Press, 27 March 1981, Page 3
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