Wool Market Report – 8 March

Dairy farmers to benefit from solar-powered coolers
March 3, 2017
Wool Market Report – 15 March
March 16, 2017

On the 25th wool auction of the 2016/2017 season, the Cape Wools merino wool market indicator decreased by -0,5% to close on 16172c 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      20104  (+1,7%)                          21 µ      14583   (-0,2%)

19 µ      15680  (-0,9%)                           22 µ      14150   (-1,0%)

20 µ      15680  (-0,9%)                           23 µ      14048   (-1,0%)                                                 

The main buyers on the sale were: G Modiano (2,514 bales), Lempriere South Africa (1,847 bales), Standard Wool (1,736 bales). Of the 7,897 bales offered 7,771 bales were declared sold (98%).

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. MG Palmer Grahamstown NKS MP4S.77 17.7µ 73.7% 47 16000c
2. Henri McNaughton & Partner Graaff-Reinet BH MWF5S.79 17.6µ 71.7% 45 15290c
3. G Gevers Luneburg AH MWF4S.82 16.2µ 69.1% 46 15100c
4. JC Venter Volksrust BH MWF5S.70 17.2µ 70.8% 43 15060c
5. Mooibank Boerdery Beperk Wakkerstroom DFH MWF5E.50 16.6µ 71.8% 15050c
6. Henri McNaughton & Partner Graaff-Reinet CFFY MF4E.65 16.9µ 70.2% 42 14880c
7. Greeff Boerdery Stutterheim CFY MF4E.59 16.8µ 71.4% 50 14860c
8. JAH Marais Steytlerville BBMY MF4E.81 17.8µ 69.9% 50 14850c
9. G Gevers Luneburg CF MF4E.68 15.8µ 68.5% 43 14790c
10. Groenvlei Merinos Bk Graaff-Reinet BH MWF4E.69 16.9µ 69.3% 44 14750c

BKB Congratulate the above mentioned clients on their achievements.

The next auction for the new season catalogue P2616 will take place on 15 March 2017.