NZ wool auction sees varied selection, higher volumes

Thu, 22 Sep 2016

By Tina Morrison Sept. 23 (BusinessDesk) - New Zealand wool prices generally advanced at the country's latest weekly auction, which featured the greatest number of bales on offer in the season so far. Some 7,576 of the total 11,000 bales on offer were sold at yesterday's South Island auction, marking the highest number offered and sold since the new season started in July, AgriHQ said. Wool volumes fluctuate during winter and spring, especially in the South Island, often due to weather related reasons. There was a more varied selection...

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