1 July, 2020

::: Cape mohair sale 30th June 2020 :::

CAPE MOHAIR SALE CAT:  20/07        30/06/2020

Exchange rates – USD 1.00 = R 17.3320  /  EURO 1.00 = R 19.4153
Previous sale -   USD 1.00 = R 17.2661   /  EURO 1.00 = R 19.4900

1146 bales offered, 821 or 72% sold.

BUYERS
SAMIL                     349/ 38
STUCKEN                372/ 32
MOS                        87/ 9
SUEDWOLLE SA         5/ 2
NE                             8/ 2

PASSED                    242

The sales clearance of the final auction of the summer season was lower due to a high percentage of defective/ seedy lots on offer and the brokers having firm reserves on certain adult and young goat lots. The smaller quantity of super kid on offer continued to attract keen interest.

In comparison with the previous sale price movements were as follows:
Kids                     firm/ unchanged
Young goats         – 2%
Adult                    unchanged

The first Cape auction for the winter season will take place on the 18th August with approximately 80.000kg on offer.