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Timaru wool prices slip

PA Invercargill Prices were generally down on the Dunedin sale a week ago in the Timaru wool sale held at Invercargill yesterday.

Compared with Dunedin, Merino fleece, fine and extra-fine, was firm; Merino, fleece strong and medium, up to 2.5 per cent cheaper; Halfbred fleece, 2.5 per cent cheaper; Halfbred skirtings, par to 2.5 per cent cheaper; crossbred fleece, in buyers’ favour; crossbred skirtings, 2.5 to 5 per cent cheaper; crossbred second-shear, in buyers’ favour; crossbred oddments, 2.5 to 5 per cent cheaper; and crossbred crutchings, 2.5 per cent cheaper. Main competition came from Western Europe, supported by the Far East, Eastern -Europe, and New Zealand mills. The Wool Board bid on 14.8 per cent Of the catalogue and bought or had passed to it 7 per cent. The 25.875 bales offered

was: Merino fleece. 10.66 per cent; Half bred fleece, 21.40 per cent; crossbred fleece. 14.33 per cent; fine hogget wool, 5.79 per cent; crossbred hogget. 19.63 per cent; oddments, 26.64 per cent; and miscellaneous, 0.66 per cent. The wool was well grown, sound and of good colour and yield, Merino being the feature of the sale. The range of prices was: Extra Fine Merino. 70s and over:

Good to super 537 to 591 Good 512 to 536 Fine Merino. 64ts0s: Good.to super 508 to 550 Good 470 to 507 Average 442 to 469 Medium merino, 60s and 60/64s: Good to super 485'to 518 Good 432 to 484 Average 404 to 431 Fine Halfbred 58s and 58/60s: ■ Good to super 400 to 453Good 343 to 399 Average' 305 to 342 Medium Halfbred 56s - and 56/58s: Good to super 339 to 391 Good 309 to 338 Average 285 to 308

Strong Halfbred 54s and 54/56: Good to super 307 to 337 Good 299 to 306 Average 267 to 298 Fine Crossbred. 48. 50s and 50s: Good 319 to 346 Average 291 to 318 Medium Crossbred. 46/50s: Good 321 to 332 Average 279 to 320 Coarse crossbred. 46/ 48s and coarser: Good 313 to 332 Average 267 to 312 Woollv hogget Fine Halfbred. 60s and 58/60s: Good to super 411 to 474 Good 366 to 410 Average 334 to 365 Medium Halfbred. 56s and 56/58s: Good to super 381 to 456 Good ' • .327 to 380 Average 293 to 326 Fine Crossbred. 50s and 50/52s: Good to super 308 to 331 Good . 289 to 307 Medium - crossbred. 48s and 48/50s: Good to super 305 to 325 Good 289 to 304

Shorn Hogget Medium Halfbred and Corriedale: Good to super 311 to 365 Good 285 to 310 Average 259 to 284 Medium Crossbred. 46/50s: Good to super 306 to 336 Good 285 to 305 Second-shear Crossbred, 3in to 4in, 46/50s:' Good to super 295 to 326 Good ■ 264 to 294 Crossbred. 2in to 3in. 44/48s: . Good to super 291 to 314 Good 265 to 290 Pieces Merino. 60/64s: Good average 375 to 410 Halfbred. 54/58s: Good-average 264 to 342 Poor-average 220 to 263 Crossbred.' 46,. 50s:' Good-average 229 to 256 Poor-average 194 to 228 Muddy 146 to 193 Crutehings Crossbred. 44/48s: Good-average 209 to 233 Poor-average 171 to 208 Muddy 150 to 1

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19811023.2.35

Bibliographic details

Press, 23 October 1981, Page 3

Word Count
524

Timaru wool prices slip Press, 23 October 1981, Page 3

Timaru wool prices slip Press, 23 October 1981, Page 3

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