15 October, 2019

::: Cape mohair sale 15th October 2019 :::

  • CAPE MOHAIR SALE CAT:  19/13        15/10/2019

    Exchange rates – USD 1.00 = R 14.8800  /  EURO 1.00 = R 16.3382
    Previous sale -   USD 1.00 = R 14.9997  /  EURO 1.00 = R 16.4266

    1068 bales offered, 936 or 88% sold.

    BUYERS
    SAMIL                     407/ 50
    STUCKEN                300/ 46
    MOS                       116/ 11
    SUEDWOLLE SA      113/ 14
    NE                            0/ 0

    PASSED                    11

    The dry conditions continue to have a significant impact on the fineness of the clip. Only 20% of the offering today comprised of adult mohair while 40% of the clip fell in the young goat category. Kid prices increased despite low clean yields on many of the lots.

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

    More than 60% of the winter season clip has now been offered. The next Cape sale will take place on 5th  November with approximately 100.000kg on offer.

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