WOOL REPORT: for the week ending Friday 2nd January 2004
Auctions
This week all auction markets remained closed for Christmas and the New Year.
The Australian market opens on Tuesday 6th January with the Eastern Market Indicator starting at 775 A cents. There will be auctions also on the Wednesday and Thursday, with about 58,000 bales up for sale during the week.
The New Zealand market opens on Thursday 8th January with the Fine Indicator starting at 1,028 NZ cents, the Medium Indicator begins at 547 cents, the Strong Indicator starts at 384 NZ cents and the Lamb Indicator kicks off at 379 NZ cents. Napier will auction about 12,700 bales and Christchurch about 15,500 bales.
The Cape Wools Overall Merino Indicator begins on 14th January at 2,813 SA cents.
The first British auction of Scottish wool is also on 14th January 2004.
FWG Agency
Very many thanks to all those people who kindly had me to stay during my time in Camp before Christmas. Thanks also for those who passed me along the track and lent me vehicles. It was great to see so many farming families, wool sheds and generally sound, clean wool. My apologies to those farmers who I was unable to see on this occasion.
Congratulations and thanks to all those involved with the successful seventeenth West Falkland Ram and Fleece show.
With Best Wishes for a Happy and Prosperous 2004.
Robert and Diane.
