Wool Express
Release time:
2023-05-11
The New Zealand dollar to US dollar exchange rate is 0.6377, up 2% from the last auction.
In this South Island auction, 7000 bales were listed, with an 8% failure rate.
The proportion of varieties in this auction:
Crossbred hogget 37%, second shear 27%, lamb 22%, and inferior wool 14%.
Compared to the South Island auction on April 28:
All types increased, with good overall demand.
All crossbred hogget increased by 2-3%;
Good color second shear increased by 3-4%;
General color second shear increased by 2%;
Lamb increased by 1-2%;
Inferior wool increased by 2-3%.
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