WOOL PRICES

Evening Post, Volume CXII, Issue 151, 23 December 1926, Page 10

WOOL PRICES

COMPARISON WITH FORMER YEARS

BREEDING OF CKOSSBREDS. .' (By Telegraph.) (Special to "The Evening Post.") DUNEDIN, This Day. At the time of the wool commandeer in 1916, the price of crossbred wool Was fixed at P}d per lb, a)id the value was generally estimated as' round about 9d. _S Tow, according to the Dunedjm s»ies, the latest average value pf cress* bred wool is something like Is per lb; some of it was bought for Hid and even up to 15d, These facts are worth taking note of by those who are apt to look on the gloomy side of the wool market. An expert who has been looking through the catalogues of varying dates says that at the Dunedin sales halfbred wool was anywhere from W to 2d better than last'year, and crossbred was slightly cheaper, but the average price te-day for crosibred i» higher than at the closing Xew Zealand sales last season. .' In the minds of persons who do not understand farming the question may arise as to why anybody should grow crossbred wool when the good prie*« are for Comedale and halfbred; «te. The answer is that on certain farmp It pays to produce sheep as sheep, aut merely as sheep for wool. Croisbrsdj give more. lambs and they f attt* quicker,