8 June, 2020

::: Cape mohair sale 8th June 2021 :::

CAPE MOHAIR SALE CAT:  21/06        08/06/2021

Exchange rates – USD 1.00 = R 13.5300  /  EURO 1.00 = R 16.4766
Previous sale -     USD 1.00 = R 13.8245   /  EURO 1.00 = R 16.9295

1026 bales offered, 919 or 90% sold.

BUYERS
SAMIL                     406/ 14
STUCKEN                366/ 20
MOS                        64/ 9
SUEDWOLLE SA       56/ 1
CONNACHER            19/ 0
NEW ENGLAND         8/ 0

PASSED                    63

The mohair market performed extremely well this season. It is encouraging to note that the total quantity on offer on auction increased by 12.8% to 880.000kg compared to the summer season of 2020. Good price levels also serve as motivation for growers to increase their Angora goat numbers which may result in better production figures should rainfall patterns normalise.

Today’s auction saw mixed results given the large percentage of outsort qualities on offer. Some excellent individual clips continued to attract premium prices.

Price movements
Fine kids        3% down
Kids              1% down
Young goat    4% down
Adult             2% down

Summer season: 6991 bales offered, 6679 or 96% sold

BUYERS:

SAMIL                     2587/ 44
STUCKEN                2648/ 49
MOSENTHALS           739/ 41
SUEDWOLLE SA       442/ 11
CONNACHER            226/ 1
NEW ENGLAND          37/ 0

PASSED                      166

The first auction of the winter season will take place on the 17th August in Port Elizabeth with approximately 100 tons on offer.