Wool Market Report – 30 May 2019

Award-winning Brangus breeder’s secret to success
May 28, 2019
Wool Market Report – 6 June 2019
June 6, 2019

On the 33rd wool auction of the 2018/2019 season, the merino wool market indicator increased with 1,8% to close on 20598c per kg clean. Average clean wool price indicators for good quality long fleece wool (MF4/MF5) with a tenstile strength of 35 (NKT) were as follows:

18 μ 23252 (+4,1%) 21 μ 21682 (+1,1%)
19 μ 22414 (+3,9%) 22 μ 21221 (+0,5%)
20 μ 21629 (+1,6%)

The main buyers on the sale were: G Modiano (2,741 bales), Standard Wool (1,997 bales),
Tianyu S A Pty (Ltd) (1,555 bales) .Of the 8,682 bales offered 8,326 bales were declared sold (95%).

Highest prices achieved on the BKB auction were as follows:

 

TOP 10 BKB PORT ELIZABETH
Name Area Descr. AWEX

Type

Mic Clean NKT Price
1. JM Watson Middelburg AH MWF4E.85 18.5µ 72.6% 45 17900c
2. MJ Willemse Memel AH MWF5E.87 18.0µ 70.7% 41 17500c
3. Botha Broers Elliot BFL MWF4E.69 19.8µ 79.4% 49 17450c
4. JM Watson Middelburg AM MF4E.78 18.5µ 72.2% 47 17330c
5. SJ Van Der Walt Adelaide BFH MWF4S.68 17.7µ 74.2% 46 17310c
6. GP Snyman Jagersfontein AH MWF4S.88 19.6µ 75.0% 44 17220c
7. Baviaanskrans Bdy (Pty) Ltd Cookhouse BH MWF4E.74 17.0µ 71.1% 47 17200c
8. Libenter Agri CC Graaff-Reinet AFY MF4E.84 17.6µ 70.0% 43 17160c
9. RM Small Barkly-East NKSH MP5S.86 16.8µ 71.8% 38 17120c
10. Varslug Bdy Bk Riviersonderend AM MF4E.81 18.2µ 70.8% 47 17110c

The next wool auction, catalogue P3418 will be offered on 5 June 2019.

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