3 December, 2019

::: Cape mohair sale 3rd December 2019 :::

CAPE MOHAIR SALE CAT:  19/16        03/12/2019

Exchange rates – USD 1.00 = R 14.6100  /  EURO 1.00 = R 16.1645
Previous sale -   USD 1.00 = R 14.7400   /  EURO 1.00 = R 16.3039

758 bales offered, 704 or 93% sold.

BUYERS
SAMIL                     317/ 18
STUCKEN                307/ 23
MOS                         80/ 7
SUEDWOLLE SA         0/ 0
NE                            0/ 0

PASSED                    6

The local top markers bought the majority of mohair on offer today. Prices for kid and fine young goat remained fully firm while stronger young goat, fine adult and adult traded in buyers’ favour. The percentage of seedy and outsort qualities were higher than normal. The Rand appreciated by 1% to major currencies.

In comparison with the previous sale price movements were as follows:
Kids                     + 1%
Young goats         Unchanged
Fine Adult             – 3%
Adult                   – 2%

The first Cape sale of the summer season will take place on 11th February 2020.