Crossbred easter
Most crossbred wools fell slightly in value during a sale of Invercargill wool in Christchurch yesterday, according to the official report. Compared with the Timaru and Christchurch sale on December 17, fine crossbred, 33 and 34 micron, was in buyers’ favour; medium and strong crossbred, 35 to 37 micron, was fully in buyers’ favour; crossbred second shear was up to 2.5 per cent cheaper; the cotts were firm; the skirtings were 2.5 per cent cheaper and the oddments were 2.5 to 5 per cent cheaper.
The Wool Board bid on 4795 bales, or 22 per cent of the offering, and had 1321 bales, or 6 per cent, sold or passed to it. The competition was keen and well spread, with a firming tendency toward the close. Eastern
Europe were the principal buyers with support from the Far East and Eastern Europe. The Invercargill wools on offer covered a full range of coarse types, with a large quantity of ewe fleece.
Generally, the fleece wool was well grown and of reasonably good colour and showed a slightly improved yield, probably because of recent heavy rains in some Southland districts. A fair amount of cottiness was evident, and in most cases efforts had been made to remove these wools from main lines.
The following official range of clean prices at auction was issued by the Invercargill Wool Brokers’ Association in conjunction with the Wool Board and the Council of Wool Ex-
porters: Fine Crossbred, 32-33 micron: Good, 589 to 595; good to average, 576 to 580. Medium Crossbred, 35 micron: Good to super, to 590; good, 577 to 581; good to average, 567 to 572. Strong Crossbred, 37 micron: Good to super, 573 to 576; good, 569 to 573; good to average, 567 to 571. Shorn hogget Crossbred, 33-34 micron 75125 mm: Good, 577 to 581. Second shear Crossbred, 37 micron 75-< 125 mm: Good to super, to 566; good, to 563; good to average, to 561. Crossbred, 37 micron 50100 mm: Good, to 556; good to average, to 554. Necks Fine Crossbred, 32 micron: Average to good, to 572. Pieces Crossbred, 33 micron: Average to good, to 519; average, to 506.
Bellies Medium Crossbred, 35 micron: Average, to 500. Crutcbings Crossbred, 37 micron 5075mm: Good, to 482; average, to 452.
Locks Crossbred, 35 micron: Average to good, to 407.
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Bibliographic details
Press, 20 December 1986, Page 6
Word Count
390Crossbred easter Press, 20 December 1986, Page 6
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