Values plunge at Angora goat sale
The second annual auction of Angora goats from the Lands and Survey Department in Canterbury grossed just $31,000 yesterday, a huge decline from the $170,000 paid at last year’s sale. The 79 bucks and does in the Lands Canterbury offering suffered the same sharp fall in price as at other goat auctions throughout New Zealand this season.
Thirty-two goats were passed at auction, most because they were unable to attract a bid. A small gallery of active buyers was very selective.
Registered two-tooth does easily had the best sale, 17 averaging $955 ($2668 last year), and . only three were passed. The top price was $l7OO for the first animal in the catalogue. Sixteen mixed-age G 1 does
averaged $543, with a top price of $9OO, while six were passed. Only eight bucks were sold from an offering of 20 registered two-tooths which bad been tested for fibre micron size and medullation. The best price was $750 for a buck with total medullation of 1.9 per cent, followed by $7OO for an anima! with 2.3 medullation. Other fibre-tested twotooths ranged from $450 (3.4 medullation) to $6OO (10.2), compared with last year’s average of $3300. Virtually no interest was shown in 15 commercial twotooth bucks — only three were sold at an average of $166.
The auction was supported strongly by Blenheim interests, which bought more than half the yarding of does.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19870127.2.31.6
Bibliographic details
Press, 27 January 1987, Page 4
Word Count
235Values plunge at Angora goat sale Press, 27 January 1987, Page 4
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.