WOOL AND MUTTON.

Shannon News, 9 December 1924, Page 3

WOOL AND MUTTON.

LAMB STILL SOARING. Prices for fat lambs are still on the rise and 1/- is offered freely. Competition is extraordinarily keen among the various buyers and a large amount of forward buying is going on. It is mooted in some quarters'that 12 id. may be ‘offered within the next ffew,. days for immediate shipping and after the sensational results of the wool sales, many farmers are inclined to act cautiously. ( Wethers and.maiden ewes are making Bd. while best quality ewes have reached 6d.—a remarkably good, price. v Ewes are sure to be in. short supply this season as the . high prices for wool will have the effect of forcing up breeding ewes tq an unprecedented level. W 001.., Wool prices still continue to break records and ' the Christchurch . sale surpassed the most sanguine; expectation. Wool is ' being rushed to sales from all directions and by any possible means, although there should bo. very little fear by- now of ’ any u drop .within the next few months. In ; > fact everything seems to-point in the opposite direction, although to -expect any further advances would no' doubt tax the imagination of the most" optimistic wool-grower. V; i-.; V It will pay sheep farmers better J ' than ever to give special attention to the preparation of their clip. American buyers will only compete for well- • classed and well-prepared clips, and their reserves' for suitable wool appear to have no limit.