Marty Moses
The AWEX EMI closed the week at 1992c, down 21c at auction sales with 39,200 bales under the hammer.
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Merino Fleece from 16-19μ MPG were the hardest hit.
Losses of up to 100c were measured in the 16 MPG whilst the severity diminished for the 17 to 19 MPG’s.
Crossbreds were not exempt from the negative price trends with falls between 30-50c, with the worst performers being the 25-7 MPG’s.
Cardings lost another 35-50c.
Next week the offering falls to 34,667 bales.