Prices continued to be erratic at yesterday’s South Island wool sale. In a predominantly crossbred offering, demand for crossbred hogget fleece, oddments and short wools were very subdued as large stocks, mainly in Asia, had yet to be pro-cessed from the trade, PGG Wrightson Wool said.
Roger Fuller, of CP Wool, said mid-micron prices continued their slide in line with Australian levels, while merino prices were solid on a small offering.
China’s absence in the market for finer crossbred wool was a concern, especially with lamb shearing about to start.
A range of prices. —Hummock Run Ltd (Waikouaiti), seven bales fine halfbred hogget AA, 22.5 micron, 74.6% yield, 900 greasy, 1206 clean; Coolavin Farms (Central Otago), 34 bales crossbred AA, 38.1 micron, 80.1% yield, 403 greasy, 503 clean, seven bales 34.4 micron, 75.9% yield, 335 greasy, 441 clean; Idavale Farm (Central Otago), 11 bales crossbred hogget, 34 micron, 78.4% yield, 370 greasy, 472 clean; Stoneburn Farm (Otago), 14 bales Romney hogget, 29.3 micron, 69.4% yield, 360 greasy, 519 clean; Longslip Station (Omarama), five bales merino hogget, 17.1 micron, 69.2% yield, 1182 greasy, 1708 clean, six bales 17.1 micron, 65.3% yield, 1140 greasy, 1745 clean, 12 bales merino, 17.6 micron, 66.8% yield, 1150 greasy, 1721 clean, 14 bales 18.5 micron, 68.4% yield, 1190 greasy, 1740 clean, 11 bales 17.3 micron, 67.7% yield, 1180 greasy, 1743 clean.