NZ wool sale volumes rise at double auction across North, South islands

Thu, 10 Aug 2017

By Tina Morrison Aug. 11 (BusinessDesk) - A higher volume of wool was sold at auction in New Zealand this week after organisers skipped a week and held a double auction across both islands. Some 80 percent of the 15,054 wool bales offered at auctions in Napier in the North Island and Christchurch in the South Island were sold yesterday, AgriHQ said. That's ahead of the 72 percent clearance rate for the 2016/17 season which ended June 30, and the average 77 percent rate for the first six weeks of the current season. "After a week break...

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