All categories at todays wool sale saw some very good increases, but we still have some way to go before we can begin to smile. The encouraging factor was the interest and business being done from overseas and with the Chinese New Year complete we are beginning to see good inquiry from China in particular. Crossbred fleece good and poor colour and lambs were in very good demand .Unfortunately the currency did strengthen considerably throughout the sale ending the day 3.5% stronger than this time last week. We hope this strengthening will not detract from the gains that were made today for the future sales. A small offering of fine wool saw prices mixed on the back of the Australian market stabilising in recent weeks.
Sale approximately 10%
Thursday 4 March 2021