GL_LS850
Greeley, CO Fri Mar 22, 2019 USDA- CO Dept of Ag Market News
National Wool Review
Domestic wool trading on a clean basis was inactive this week. There were no
confirmed trades reported. Prices reflect trades FOB warehouse in original bag
or square pack, bellies out, some graded, and 76 mm or longer. No allowance
made for coring, freight or handling fees at the warehouse level to reflect net
grower prices (*) indicates new prices this week. (NA) represents microns not
normally available in this region. Wools shorter than 75 mm typically discounted
.10-.20 clean. Classed and skirted wools usually trade at a .10-.20 premium to
original bag prices.
US Fleece Territory Texas and
Micron Grades States States New Mexico
18 80s None None None
19 70-80s None None None
20 64-70s None None None
21 64s None None None
22 62s None None None
23 60-62s None None None
24 60s None None None
25 58s None None None
26 56-58s None None None
27 54-56s None None None
28 54s None None NA
29 50-54s None None NA
30-34 44-50s None None NA
Domestic wool trading on a greasy basis was at a standstill this week. There
were no confirmed trades reported. All trades reported on a weighted average.
Domestic wool tags are delivered to buyer and reported on a greasy basis:
Number 1 tags Number 2 tags Number 3 tags
.60-.70 .50-.60 .40-.50
In Australia this week, the Eastern Market Indicator was down 16 at 1963 cents
per Kg clean from the sale a week ago. A total of 43,129 bales were offered
with sales of 89.7 percent. The Australian exchange rate was weaker by .0085
at .7145 percent of the U.S. dollar. Australian wool prices are quoted
delivered Charleston, South Carolina. The current freight rate is .15 cents per
pound clean. Schlumberger Dry formula is used for yield determination.
The 75-85 percent of Australia price range can be used as an estimated value
of clean domestic prices FOB the warehouse and gross producer. These are
estimated domestic values and may vary depending on current market conditions,
yield, strength, length, colored fiber content, poly contamination, and other
quality factors.
Clean Del Price Change from 75-85 Percent
Micron US Grade in U.S. Dollars Previous Sale of Australia
18 80s 7.99 + .08 5.99-6.79
19 70-80s 7.68 + .06 5.76-6.53
20 64-70s 7.57 + .05 5.68-6.44
21 64s 7.55 + .09 5.66-6.42
22 62s 7.52 + .05 5.64-6.39
23 60-62s 7.46 ----- 5.60-6.34
24 60s ---- ----- ---------
25 58s ---- ----- ---------
26 56-58s 4.71 + .04 3.53-4.01
28 54s 3.92 + .12 2.94-3.33
30 50s 3.16 + .06 2.37-2.69
32 46-48s 2.12 + .07 1.59-1.80
Merino Clippings 3.91 - .12 2.94-3.33
Eastern Market Indicator was down 16 at 1963 cents per kg clean. Australian
exchange rate was weaker by .0085 at .7145 percent of the U.S. dollar.
Source: USDA- CO Dept of Ag Market News Service, Greeley, CO
Chris Dias, Market Reporter (970)353-9750
24 Hour Market Report (970)353-8031
www.ams.usda.gov/mnreports/GL_LS850.txt
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