NEW ZEALAND MARKET REPORT

Summary

Market eases on the back of a limited selection.

Comment

In what can only be described as a very limited offering the New Zealand fine wool market fell this week in comparison to the last sale held in Christchurch.  Fine wools fell between 3 and 8%.  Halfbreds also fell this week by a similar amount.  Again the selection was extremely limited.  Bidding was still competitive but at a lower level.