Official report, prices

Press, 10 August 1985, Page 6

Official report, prices

Fine wool prices fell 2.5 to 5 per cent at yesterday’s Christchurch wool sale but crossbred fleece prices remained generally unchanged from the levels of the previous day. The official report, issued by the Christchurch Wool Brokers’ Association in conjunction with the Wool Board and the Council of Wool Exporters, compared the fine wool prices with the last fine wool sale, on June 27. Fine Halfbred (27 micron) was nominally down 7 per cent, 28 micron was down 5 per cent, and 29 to 32 micron fleece was down 2.5 to 5 per cent. Compared with the Timaru and Invercargill sale on Thursday, medium crossbred fleece was par to sellers’ favour,

strong crossbred was inclined in sellers’ favour, second-shear was generally minus 2.5 per cent, crutchings and pieces were up 2.5 per cent and bellies and oddments were in buyers’ favour. The competition was described as well spread with a . keen interest and the main buyers represented Eastern Europe anti New Zealand mills supported by Western Europe and the Far East The offering was 17,641 bales with a further 221 bales on behalf of the Wool Board. Pre-lamb fleece wool comprised the bulk of the offering and in most cases length was average but some lots showed drought effects, being short and dusty. Otherwise colour was very good with many lots being of high yield, according to the brokers. Second-shear was well represented and contained many attractive lots for length, colour and yield. The crutchings were a mixed bag with a notable lack of good length. The prompt date for the sale is August 27. The following is the official range of clean prices issued by the Christchurch Wool Brokers’ Association and the Wool Board: Merino, 19.6 micron: Good to 1055. Merino, 20.7 micron: Good to 940. Merino, 21 micron: Good to super 892 to 907. Good to 869. Extra fine Halfbred and Corriedale, 25 micron: Good 675 to 688. Good to average 634 to 652. Fine Halfbred and Corriedale, 27 micron: Good 593 to

612. Good to average 570 to 582. Medium Halfbred and Corriedale, 29 micron: Good to super 553 to 558. Good 545 to 552. Good to average 530 to 543. Strong Halfbred and Corriedale, 31 micron: Good to super 525 to 529. Good 517 to 522. Good to average 487 to 496. Fine crossbred, 33 micron: Good to super to 536. Good 498 to 512. Good to average 484 to 497. Medium crossbred, 35 micron: Good to super 516 to 527. Good 501 to 512. Good to average 487 to 500. Strong crossbred, 37 micron: Good to super to 511. Good 501 to 508. Good to average 489 to 496. Second shear Halfbred, 29 micron: Good

547 to 559. Good to average 501 to 507. Crossbred, 37 micron, 72/ 125 mm: Good to super 501 to 506. Good 487 to 500. Good to average 480 to 485. Crossbred, 37 micron, 50/ 100 mm: Good to super 494 to 498. Good 475 to 485. Good to average 455 to 474. Necks Fine Halfbred, 26 micron: Average to good to 544. Halfbred, 27/28 micron: Average to good to 522. Pieces Fine Halfbred, 26 micron: Average to good 552 to 572. Halfbred, 28 micron: Average to good 501 to 528. Average 486 to 500. Crossbred, 35 micron: Average to good, to 471. Average 436 to 445. Bellies Fine Halfbred, 26/27 micron: Average to good 480 to 508. Halfbred, 28/29 micron: Average to good 468 to 480. Average 427 to 444. Medium crossbred, 35 micron: Average to good 432 to 446. Average 390 to 420. Crutchings Fine Halfbred, 27/28 micron: Average to good 464 to 497. Halfbred, 29/30 micron: Good 417 to 447. Average 394 to 416. Crossbred, 37 micron: Good to super 447 to 463. Good 422 to 440. Average 381 to 419. Locks Halfbred, 28 micron: Average to good 368 to 380. Crossbred, 35 micron: Average to good to 351.