Wool Market Report – 4 September 2019

Mohair Market Report: 4 September 2019
September 4, 2019
BKB gives University’s research a financial boost
September 10, 2019

On the 1st wool auction of the 2018/2019 season, the merino wool market indicator decreased with -28.3% to close on 14770c per kg clean. This is approximately -38.02% higher than a year ago.
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 17646 (-23.4%) 21 µ 14883 (-31.7%)

19 µ 15697 (-29.5%) 22 µ 14343 (-34.0%)

20 µ 14934 (-31.2%)

 

The main buyers on the sale were: Standard Wool (2,391 bales), Lempriere SA (1,240 bales), G Modiano (1,143 bales) .Of the 8,110 bales offered 7,122 bales were declared sold (87%).

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. EE Greeff Boerdery bk Somerset-Oos AFY MF4E.80 18.1µ 73.8% 36 14750c
2. M Knoesen Steytlerville BH MWF4E.87 18.0µ 73.6% 55 14560c
3. EE Greeff Boerdery bk Somerset-Oos BBF MF4E.78 19.1µ 73.7% 47 14390c
4. Van Zyl Boerdery Victoria-Wes BMY MF4E.70 18.1µ 71.7% 52 14270c
5. AL 3 Boerdery Trust Fraserburg BMY MF4E.74 17.8µ 71.7% 43 14130c
6. Danckwerts Livestock Farming Fort Beaufort BFH MWF4E.79 17.0µ 74.3% 40 14020c
7. Van Zyl Boerdery Victoria-Wes AM MF4E.77 18.8µ 71.5% 49 13700c
8. Asc Marais Steynsburg BMY MF4E.77 19.3µ 74.7% 41 13700c
9. Diepfontein Boerdery bk De Aar CH MWF4E.69 17.8µ 71.7% 40 13620c
10. AJ Marx Brandfort BH MWF4E.77 17.2µ 71.7% 38 13600c

 

The next auction for, catalogue P0219 will take place on 11 September 2019.

Do NOT follow this link or you will be banned from the site!