Article: WOOL SALE

The crossbred market was described as buoyant, given the mixed quality of the wools displayed at this week's Christchurch wool sale.

Brokers said the wool was of average style, but prices were generally higher because of a weakening in the New Zealand dollar exchange rate. There was particularly strong demand at the sale for sound, full-length crossbred fleece.

The halfbred and corriedale wool offering was limited, and the lots which featured good colour sold well. The poorer quality fleeces were discounted.

The merino market continued to sell soundly, reflecting the diminished supply at the moment because of solid prices and good clearances through the selling season.

There were 23,669 ...

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