Official report, prices

Press, 7 April 1979, Page 22

Official report, prices

Values for all classes of wool at the Christchurch sale yesterday, were from firm to dearer, according to the official report on the sale issued by the Christchurch Wool Brokers’ Association in conjunction with the Wool Board and the Woolbuyers’ Association. Compared with the Dunedin sale held on March 8, Merino was firm, extra fine and fine halfbred was fully 21 per cent dearer, and medium, strong and extra strong halfbred 5 per cent dearer. Halfbred skirtings and oddments were 21 per cent dearer. Compared with the Auckland . sale held on Thursday, all descriptions of crossbred fleece and second-shear were inclined in seller's favour, with crossbred lots in seller’s favour and cross- 1 bred lambs’ firm. Crossbred skirtings were very firm and oddments in seller's favour. The offering totalling 27,389 bales came mainly from Canterbury and Marlborough, but there was a larger than usual representation from Nelson and the West Coast. i As expected at this near end of season sale, the fleece wools were varied in quality and style and tire baulk of the offering was partly cotted and discoloured. 1 Some' of these wools, although unattractive, were high yielding and made quite high prices when compared with similar qualities , of good style wool. Lambs’ wool made up a large percentage of the offering and this in the main was of good colour and length. Vegetable fault was apparent in some of S the halfbred and Corriedale lambs’ wool. Competition was fairly general,

the main buyers being Western and Eastern Europe supported by Japan and New Zealand mills. The Wool Board gave limited support to the market by bidding on about 21 per cent of the offering. Tlie following is the official range of prices issued by the Christchurch Woolbrokers’ Association:—

c. c. Fine Merino. 64/70s: Good 264 to 285 Medium Merino, 60/ 64s and 64s: Good 254 to 270 Average 226 to 241 Extra Fine Ha If bred and Corriedale. 58§ and 58/60s: Good 241 to 257 Average 224 to 240 Fine Hal (bred and Corriedale, 56/58s. Good 241 to 257 Average 226 to 246 Medium Half bred and Corriedale. 54/56s: Good 236 to 256 Average 226 to 243 Poor 210 to 225 Strong Halfbred and Corriedale, 50/ 54s: Good 236 to 256 Average 225 to 240 Fine Crossbred, 50/ 52s: Good 252 to 269 Average 237 to 251 Medium Crossbred, 46/50s: Good 255 to 274 Average 240 to 250 Poor 225 to 235 Strong Crossbred, 44/48s: Good 253 to 276 Average 240 to 257

SHORN HOGGET Fine Crossbred, 48/50S Good-average 250 t(279 SECOND-SHEAR • Medium Halfbred and Corriedale, 54/ 1 56s: Good-average 230 i 266 Strong Crossbred, 3in to 5in, 44/48s: Good-average 247 o 277 NECKS Medium Halfbred, 50/56s and 56s: Average-good 21S0 236 Fine Crossbred, 48/50s: Average-good 2i(t0 259 PIECES Medium Halfbred, 50/56s and 56s: Average-good to 208 Medium Crossbred, 46/50s: Average-good 2» to 219 BELLIES Medium Halfbred, 5O/56s and 56s: Average-good tt t o 194 I Medium Crossbred. 46/50s: Average-good |0 to 218 CRUTCHING Halfbred. 50/56s: Average-good '88 to 215 Mediurii Crossbred, 46/50s: Average-good SOI to 228 LAMBS Good 250 to 280 Halfbred. 50/58s: Average .. 225 to 249 Fine Crossbred, 48/52s: Good 260 to 289 Average .. ' 240 to 259