It was won by Steven Wilson, of Ballyclare, Northern Ireland - who came fourth in the heats and second in the semi-finals.
Krause recently obtained New Zealand residency after living here for six years.
She was woolhandlng in Australia when she decided to come to New Zealand to work, where she learned to shear.
Krause is now working for Pleasant Point shearing contractor Ant Frew, who will shear in the Royal Highland Open heats on day two.
During the New Zealand summer Krause shore in seven junior finals in the South Island, including three national title events.
She came fourth at the Waimate Spring Shears and the New Zealand Corriedale Championships in Christchurch, and second at the Mackenzie A and P Show’s national lamb shearing championship in Fairlie.
She had previously won three novice finals in New Zealand.
Krause said she’d had a good experience in the junior champs, and even though the breeds were unexpected it was “not too bad”.
“I always seem to do better in the heats, never good in the final,” she reckoned.
In other World Championships supporting events, Masterton shearer Adam Gordon backed up his form as the No 1-ranked senior in the New Zealand season.
He was the top qualifier for the semi-finals of the Royal Highland Show Senior Championships, from a field of 87 who shore in the heats.
His success was part of a double act for the Gordon family.
Gordon’s sister, Cushla Abraham, qualified for the Royal Highland Show intermediate shearing semi-finals, from a field of 61.
Abraham is a New Zealand transtasman series woolhandling team member, and a former Golden Shears novice shearing champion.
Unfortunately, the siblings missed out on places in the finals.
Wools of New Zealand Shearing Sports New Zealand team members will complete New Zealand’s showing in the Royal Highland Show titles events overnight from Friday to Saturday.
The day two programme ends Thursday at 7:00 pm in Scotland (Friday 6:30 am NZ time) with round one of the machine shearing heats.
The six World Individual and Teams titles, in machine shearing, blade shearing, and woolhandling, will be decided early-morning Monday New Zealand time.