The first sale of this season was a relatively small offering of just 57,000kgs.
Adult/fine adult types while dearer in local currency remained unchanged in US dollar terms with last auction levels.
Young goats were in buyers favour while the limited kids available made it difficult to quote their current sale levels.
Next sale will be held on 25.8.2015 when a more usual sized offering is expected.
At the last cape mohair sale of the current season Adult/fine adult mohair types were fully firm compared to previous sale levels.
Finer young and kid types were slightly easier compared to the previous auction.
There will now be a recess of 8 weeks until the first sale of next season which will be held on 4th August 2015.
At today’s cape sale there was good demand for all types.
Kid mohair was firm, young goats buyers favour toward adult and fine adult rose 7-10%.
The next and final sale of the summer season is 9th June.
At today’s cape mohair sale Adult mohair types were fully firm/slightly dearer compared to previous sale levels.
Finer young types which were generally shorter in length were 3-4% cheaper while longer lots remained unchanged.
Most kid qualities were slightly easier than last auction.
The next sale will be held on 26th May with an anticipated weight of 90 tons being offered.
At today’s cape sale there was over 170 tons on offer, the largest sale of the season. Despite this there was good competition. Kid prices eased 5%, fine young goats eased 5% whilst Adult remained firm.
The next cape sale will be held on 12th May 2015.
At today’s cape mohair sale Adult/Fine adult in rand terms was 2-3% dearer. In conjunction with the stronger rand, in US dollar terms the increase was closer to 6%.
Young goats in US dollar terms were unchanged from last sale levels.
The varying quality of kids being sold today made it difficult to gauge market direction and we consider prices mostly on par/buyers favour.
Overall there was good competition for most lots resulting in a 98% clearance of the 1217 bales offered.
Due to the Easter break the next sale will be held on 21.4.15 with a similar sized offering expected. Subsequent sales are anticipated to be smaller due to the reduced receipts this season.
With volatile currencies the market was very mixed at today’s cape mohair sale.
Adult mohair was 3-5% dearer than last sale levels with young goats being in good demand with prices increasing by 5% towards the end of the sale. There was less demand for the finer kids on offer which were quoted 3-5% easier than last sale.
Next sale will be held on 24.3.15 with approximately 170,000kgs being offered.
The first sale of the season was a relatively small offering with less than 80,000kgs available.
There was good competition for the adult/fine adult types which increased 4/5% compared to last auction levels.
Young goats remained unchanged from last sale levels.
Kid prices were difficult to quote given the small quantity and shorter length of the lots offered.
Next sale will be held on 10.3.2015 when a more usual size offering is expected.
The last sale of this season ended on a positive note with good competition on stronger mohair with prices for adult/fine adult types 2/3% dearer when compared with last sale.
Kid and young goat qualities were all fully firm.
We now have a 10 week break until the first mohair sale next year being held on 17.2.2015.
Today’s Cape sale in Rand terms was firm unchanged on kid and young goat types.
Adult and fine adult types opened on a firm basis but quickly increased closing 5/6% dearer compared to last sale levels.
The last sale of this season will be held on the 2/12/14 with only 100 tons being offered.