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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%.