The $9 per kg barrier was broken for the first time for a crossbred hogget fleece at the recent Melbourne wool auction by Kyeburn farmers James and Sharon Scott. The Scotts sold a line of 30 micron hogget wool for $9.24kg — the top price of the day — closely followed by Charles, Pip and William Reid, of Traquair Station, near Outram, with a 24-bale line of 31 micron hogget wool reaching $8.55kg clean. The Reid family were one of the first growers to support the New Zealand Merino Company’s venture into strong wool more than eight-plus years ago. Crossbred hogget wool sold from $7.80kg while adult wool (34 to 36 micron) prices landed at $7.08 to $7.35. NZM general manager of commercial Keith Ovens was not sure he had ever seen crossbred wool sell at those levels in his 48 years involved.

Source: Otago Daily Times February 10, 2026 16:54 UTC