25th Mar 2020
On 23 March 2020 President Cyril Ramaphosa announced a 21-day lockdown period over the continuing spread of the Corona Virus. Although the export of wool had not been affected until yesterday, the [...]
28th Oct 2019
On Wednesday, 9 October 2019, Swaershoek Bonsmaras and Rooikop Poll Merino held its production auction at Rooipoort, Cradock. It was a successful day with an average of R37 219 for the bulls, R12 338 [...]
11th Oct 2019
On the 6th wool auction of the 2019/2020 sale season, the merino wool market indicator increased by 1,3% to close on 16982c per kg clean wool. The average clean wool market indicators for good quality long [...]
4th Oct 2019
On the fourth wool auction of the 2019/2020 season, the merino wool market indicator decreased with -2,7% to close on 16760c per kilogram clean. The main buyers on the sale were: Lempriere S A (2,238 bales) [...]
27th Sep 2019
On the 3rd wool auction of the 2019/2020 season, the merino wool market indicator increased with +5,3% to close on 17231c per kg clean. The main buyers on the sale were: G Modiano (3,452 bales), Standard Wool (1,794 bales), Lempriere S A (1,523 bales) Of the 9,192 bales offered 8,860 bales were declared sold (96%). Average clean wool price indicators for good quality [...]
26th Sep 2019
Even though the various clips were well prepared and the quality was good, the market remained unchanged. The demand from China remains the biggest factor for uncertainty in our market. Our buying houses are currently in China to negotiate new contracts. The average market indicator compared to the corresponding sale of the previous season [...]