Wanganui wool up

Press, 18 February 1983, Page 3

Wanganui wool up

PA Wanganui 1 5 Prices were up at the j Wanganui wool sale yesterday. ’ ; Compared with last Fri- < day’s sale in Christchurch. ( the market was quoted as: , fine fleece, sellers’ favbur; coarse fleece, sellers, favour: ; second-shear, fully 5 per cent ; dearer: lambs' wool, fully 2‘a , per cent dearer: second , lambs, up to 2 r z per cent , dearer. < . The Wool Board bid. on 7.1 , < per cent of the offering and , bought less than 1 per cent. , Competition was generally well spread. Eastern Europe, the Continent, and the Far East being the main buyers. The 24.240-bale offering was 40 per cent lambs’ fleeced 30 per cent ewe

fleece. 15 per cent secondshear. and the usual oddments. The lines varied considerably in style and colour, some showing a high degree of water discoloration and in many cases,cotting. The adjusted weighted average, sale-price -was 256.60 c a kilogram. Based on this, a Government supplementary payment of 24.7 per cent will apply to all" wool sold at the sale and all wool sold privately from midnight on February 16 to midnight on February 17. . The market indicator was 240 c. The range of prices Was.—

Suffolk. 58 60s'. Good 290 to 326 Average 280 to 289 Extra fine crossbred.

Good 270 to 290 Average 260 to 269 Medium crossbred. 46 48s: Good 280 to 295 Average 260 to 279 Low-yielding 235 to 259 Pine. crossbred hogget (shorn), 50 52s: Good 270 to 295 Average 259 to 269 ; Low-yielding 239 to 259 Early-shorn. 46 50s:* " Go’od 268 to 280 Average 255 to 267 Low-yielding 230 to 254 Second-shear, 3in to 4in. 46 50s: z Good 270 to 284 Average 254 to 269 Low-yielding 239 to 253 Second-shear 2in to 3in. 46'50s: Good 251 to 263 Average 232 to 250 Low-yielding 218 to 231