Increasing the floor price of adult mohair stabilised the market and resulted in 95,5% of the strong adult hair being sold. Compared to the last sale, prices were: kids (winter) up 3%; young goats (winter) unchanged; fine adults up 2%, and the average, up 10%. Cape Mohair and Wool’s Pierre van der Vyver said although the quantity of mohair offered on the sale was a lot less than normal, the sale out-performed all others of the season. “Competition on all lots was excellent.”
A 10% drop in production due to the drought is expected. “But long-term market expectations remain positive, especially for the finer component of the clip, so look after your kids,” advised Van Der Vyver. A Camdeboo kid bale belonging to Roy Heydenrych of Jansenville went for R180/kg. Winter kid market indicator: R120,24/kg; young goat: R87,90/kg; adult: R65,25; sale clearance: 100%. The final sale intake date closes on 15 November. The second-last sale of the season is scheduled for 16 November.
