|Merino Fleece saw the 18 and finer open 30-40 cheaper on the first day with the broader micron categories showing losses of 20-30c.
By the end of the week, the 18 MPG and finer posted losses of 40-60c whilst the broader merino MPG’s fell 20-50c. Once again, Melbourne sold in isolation on Thursday, with some consolidation of prices experienced in the Merino MPG’s.
Merino Skirtings opened slightly better than the fleece with the low VM with best specifications holding between 10 and 20c whilst the coarser, lots bearing heavier VM looked a little shaky towards the end of Tuesday’s sale. The remaining performance fell in line with the falls experienced in the corresponding fleece MPG’s.
Crossbred fleece experienced a 10-20c fall in price for the week, however the best prepared lots still attracted support from a wider range of buyers than that of the poorly classed and skirted lots and wool from composite sheep breeds.
Merino Cardings had a very mixed and conflicting national performance, with the Northern region MC falling 16c, the Southern region MC rising 14c and the Western region MC falling 56c. The Crossbred oddments market barely has a pulse especially in the coarser end but support was noticeably better in the Comeback and FXB lamb lots.
-Marty Moses, Moses and Son