Wool record goes back to Otago

Press, 19 December 1981, Page 3

Wool record goes back to Otago

PA Dunedin Otago wool regained the price record at yesterday’s Dunedin wool sale, two bales of super-fine Merino hogget fleece making 631 c a kilogram. The wool in Reid Farmers’ catalogue, was sold on account of R. I. Scott, of Pendella, Gimmerburn. The 17-micron fleece had a 74 per cent yield. The previous record price of 620c-’was ,at the last Timaru sale pm December 7. The Wool Board bid on 18.5 per cent of the offering and bought 1425 bales (about 5 per cent). The official report said that compared with the Timaru sale the market for Merino fleece was in buyers' favour, Halfbred fleece up to 5 per cent dearer, and Halfbred skirtings firm. Compared with the Napier sale held on Thursday crossbred fleece and second-shear were firm. Crossbred skirtings were in sellers’ favour, and oddments unchanged. The main competition came from the Far East and Eastern Europe supported by Western Europe and New Zealand mills. The 28.511 bales offered were Merino, 12 per cent; Halfbred, 12 per cent; crossbred, 51 per cent; oddments, 25 per cent. The Merino included some very attractive grower lots. The halfbred was generally of good length and colour. There was a heavy weight of crossbred fleece of good average style, although the South Otago and. West Otago wools were of mixed length . and style, and average colour. i. The adjusted weighted -■average sale price was • 257,47 c a kilogram. Based on this, a Government supplementary payment of 24.3 per cent will apply to all wool sold at the sale and all wool sold privately from midnight on Thursday to midnight tomorrow. Range of official prices: Super-fine Merino. 80s and finer:

Good to super 601 to 631 Good 547 to 581 Average 473 to 499 Extra-fine Merino. 64/70s: Good to super 515 to 547 Good 469 to 509 Average 421 to 449

Medium Merino: 60s and 60/64s: Good to super 449 to 469 Good | 425 to 450 Average ■*' Fine Halfbred. 58 369 to 399 60s: Good to super 413 to 464 Good. 383 to 425 Average Medium Halfbred. 345 to 381 56s and 56/58s: Good to super 349 to 380 Good 324 to 348 Average String Halfbred. 54s 279 to 309 and 54/56s: Good to super 329 to 353 Good 310 to 328 Average Extra-fine crossbred. 270 to 293 50/52S and 52s: Good 264 to 279 Average Fine crossbred. 48 246 to 253 50s and 50s: Good 254 to 276 Average Medium crossbred. 246 to 253 46/50s: Good 256 to 284 Average Coarse crossbred, 44 247 to 255 46s and coarser: Good 262 to 292 Average 241 to 261 WOOLLY HOGGET Fine Halfbred. 58s and 58/60s. Super 394 to 420 Good to super 346 to 375 Good Medium Haifbred, 330 to 340 56s and 56/58s: Good to super 334 to 360 Good Fine crossbred. 50s 322 to 330 and 50/52s: Good to super 278 to 290 Good 254 to 277 Average Medium crossbred. 239 to 253 48s and 48/50s: Good to super 272 to 289 Good 248 to 271 Average 237 to 247 SHORN HOGGET Fine crossbred. 50s and 50/52s: Good to super 279 to 298 Good 258 to 277 Average 237 to 247 SECOND-SHEAR Crossbred, 4in to 6in. 44/48s: Good 257 to 272 Average Crossbred. 2in to 4in. 236 to 256 44/48s: Good 246 to 266 Average 231 to 235 PIECES Merino. 60/64s: Average to good 365 to 398 Poor to average Halfbred. 54/58s: 324 to 345 Average to good 266 to 300 Poor to average Crossbred, 46/50s: 235 to 265 Average to good 185 to 215 Average 147 to 184