Wool prices fall in first auction of 2017

Thu, 12 Jan 2017

By Edwin Mitson Jan. 13 (BusinessDesk) - New Zealand Wool Services, the country's largest wool exporter, says prices at this week's wool auction fell, in particular for varieties sourced from the North Island. Compared to the previous North Island selection on December 21, 2016, fine crossbred fleece and shears were firm to 4 percent cheaper, coarse full fleece was 3 to 6 percent cheaper with shears firm to 5 percent cheaper. First lambs fleece were firm to 5 percent cheaper with coarse long oddments up to 7 percent stronger and short od...

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