Official report and prices

Press, 25 June 1983, Page 6

Official report and prices

Prices for crossbred secondshear ranged from firm to sellers’ favour at the Christchurch wool sale yesterday, compared with the Auckland sale on Thursday, according to the official report. The report issued by the Christchurch Woolbrokers’ Association in conjunction with the Woolbuyers’ Association and the Wool Board, said the sale for crossbred lambs’ wool was firm compared with Auckland. The best style crossbred oddments were from 5 to 7.5 per cent dearer and poor style oddments were generally unchanged. The offering of 14,520 bales from growers and 5810 bales on behalf of the Wool Board consisted of a mixed selection of pre-lamb shorn fleece, second-shear, lambs wool and crutchings. The fleece lacked good length but many lots were high yielding and attractive for colour, applying equally to fine wool and crossbred. Second-shear showed up well for yield and colour but length was varied. The crutchings were mainly short and not a true indication of supplies to come later. Competition was well spread, the main buyers being Eastern Europe, the Middle East, the Far East and New Zealand mills. Compared with the Dunedin sale on May 27, fine Halfbred wool was in sellers’ favour, medium and strong Halfbred in buyers’ favour, and extra strong Halfbred firm. Medium and strong crossbreds were 5 per cent dearer compared with the Wellington sale on June 10. The Wool Board gave limited support to the sale, bidding on about 2.5 per cent of the offering and having about 0.3 per cent sold or passed to it. Prompt date for the sale is July 12. The following is the official range of prices which includes the Wool Board supplement,

issued by the Christchurch Woolbrokers’ Association: Fine Merino, 64/

Crutchings Halfbred, 50/565, 56/58s: Good 190 to 219 Average 160 to 185 Medium Halfbred, 46/50s: Good 252 to 274 Average 228 to 248 Lambs Fine Halfbred, 56/ 58s and finer: Good to Super — to 380 Good 290 to 306 Halfbred, 52/565: Good 236 to 242 Average 220 to 235 Fine Crossbred, 48/ 50s: Good 312 to 344 Average 278 to 306

70s: Good - to 521 Medium Merino, 60/64S, 645: Good 461 to 484 Extra fine % Bred and Corriedale, 60s and finer: Good 420 to 463 Extra fine Halfbred and Corriedale, 58s, 58/60s: Good to Super 397 to 406 Good 361 to 383 Average 340 to 360 Fine Halfbred and Corriedale, 56/ 58s: Good to Super 374 to 399 Good 331 to 367 Average 293 to 330 Medium Halfbred and Corriedale, 54/56: Good 356 to 366 Average 320 to 346 Poor 285 to 326 Strong Halfbred and Corriedale, 50/54s: Good to Super - to 355 Good 317 to 340 Average 282 to 315 Fine Crossbred, 50/ 52s: Good to Super - to 369 Good 330 to 355 Average 305 to 334 Medium Crossbred 46/50s: Good to Super - to 383 Good 330 to 358 Average 306 to 335 Poor 288 to 298 Strong Crossbred, 44/485S: Good to Super 367 to 391 Good 331 to 364 Average 300 to 328 Second-shear Fine Halfbred and Corriedale, 56/ 58s: Good - to 350 Medium Halfbred and Corriedale, 54/56s: Good 270 to 287 Average 226 to 245

Strong Crossbred, 44/48s, 3in to 5in: Good to Super 351 to 375 Good 319 to 349 Average 297 to 308 Strong Crossbred 44/48S, 2in to 3in: Good to Super 331 to 349 Good 309 to 330 Average 287 to 305 Necks Fine Halfbred, 58S: Average-Good 338 to 380 Fine Crossbred, 48/ 50s; Average-Good 280 to 297 Pieces Fine Halfbred, 58s, 56/58s: Average/Good 328 to 340

Halfbred, 50/56s; 56/58s: Good 263 to 289 Average Medium Crossbred, 239 to 251 46/50s: Good 252 to 282 Average 198 to 223 Bellies Fine Halfbred, 56/ 58s, 58s: Average-Good 266 to 297 Half-bred, 50/56s, 56/58s: Good 222 to 249 Average Medium Halfbred, 189 to 220 46/50s: Good to Super 278 to 315 Good 240 to 269 Average 200 to 238