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Mohair sale beats expectations despite challenges
Farmer's Weekly
|Farmer's Weekly 8 September 2023
The first mohair sale of the 2023 winter season started with 103 985kg on offer, of which 89% was sold. Mohair South Africa said the first sale of a season was always mixed and difficult to quote due to variations in the composition of the offering.
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There was reasonable competition among the buying houses, but the effect of higher inflation and interest rates in Europe and economic stagnation in Asia filtered through to the auction floor. The average market indicator closed at R334,69/kg, which was 5% less than the last sale of the summer season.
Diese Geschichte stammt aus der Farmer's Weekly 8 September 2023-Ausgabe von Farmer's Weekly.
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