Wool prices

Prices at the first South Island wool sale for the season in Christchurch yesterday were generally cheaper for stronger micron types.

Prices continued to strengthen across all categories at the South Island wool sale in Christchurch yesterday.

Prices finished on a hesitant note at the wool sale in Christchurch yesterday, poorer-coloured crossbred ewe wool being most affected.

Prices continued to reach new highs at the wool sale in Christchurch.

The sale of New Zealand's largest wool exporter to private Australian interests is unlikely to sit well with its New Zealand farmer-shareholders, but could provide a channel to new global markets.

Prices strengthened across most micron categories while poorer colour fleece, which had been struggling in recent weeks, met with good competition at the wool sale in Christchurch last week.

Prices finished firm for most longer wool types, but cheaper for shorter fleece and mid-micron types at the wool sale in Christchurch this week.