Ewe wool prices improve
Prices for most styles of ewe wool increased at this week's combined sale of North Island and South Island wool in Christchurch, compared with the last sale two weeks ago.
Prices for most styles of ewe wool increased at this week's combined sale of North Island and South Island wool in Christchurch, compared with the last sale two weeks ago.
Wool prices softened on the back of a stronger New Zealand dollar and subdued demand at this week's combined North and South Island wool sale.
Quality prime lambs sold well at this week's Balclutha Stock sale, while a yarding of excellent prime ewes enjoyed strong demand.
Prices for most styles of ewe and lambs' wool eased at last week's sale compared to the sale a week earlier, according to Wool Partners International auctioneer Dave Burridge.
Prices eased for the first time in months at last week's sale of North Island and South Island wool.
Wool prices continued to rise at last week's sale of North and South Island wool, as they have done all season.
An easing dollar boosted wool prices at last week's combined auction of 15,760 bales of North and South Island wool.
Prices continued to rise at last week's North and South Island wool sale, lifting between 4% and 14%.
Wool prices last week reached levels not seen since the late 1980s.