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Napier Wool Auctions to Cease After About 150 Years; Christchurch Last Centre Standing

PGG Wrightson and Wools of New Zealand consolidate auctions to Christchurch from May to improve sector resilience amid a 21% decline in sheep numbers, StatsNZ data shows.

Summary by NZ Herald
Wool auctions have been held in Napier since the 1800s, a legacy that is highly likely to come to an end in April. Napier boasts the last remaining wool...

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RNZ broke the news in New Zealand on Wednesday, January 28, 2026.
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