| Rural News |
More than 6000 bales of North Island wool were bought at the opening wool sale of the 2012-13 season.
Eight-thousand eight-hundred and sixty bales were put up for sale, but sales were typically modest for July, given summer in the Northern Hemisphere and Europe’s overarching economic climate.
Sales of fine crossbred shears of 33 to 35 micron were generally 3 to 5 per cent easier except for the 2 to 4 inch group which was firm to 1.5 percent stronger.
Coarse fleece 36 and 37 micron were 3 to 4.5 per cent cheaper with the coarser types 2.5 per cent dearer.
More than 11,300 bales of South Island wool will be set for sale on 19 July.