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USDA National Wool Review

01 June 2015

USDA National Wool Review - 1 June 2015USDA National Wool Review - 1 June 2015

Domestic wool trading on a clean basis was very active this week. There were 757,250 lbs of confirmed trades. Demand was good. Interest in selling wool has still been high. Another rally has really peaked interest at this time and has been conducive to an active market, making growers more willing to sell wool. This week’s wool trades saw territory wools trade at rates mostly between 80-85 percent of Australia with some of the lower micron wools trading as high as 90 percent. Fleece state wools saw an increase as well, trading between 75-85 percent of Australia, with the majority at the 80 percent range. Rainstorms have slowed many of the shearing crews still out in the field, especially with the heavy rain that Texas has been seeing and they are working as hard as they can between storms to finish shearing. Currency and is the only real struggle point at this time as the U.S. dollar remains high. Domestic clean wool and confirmed trades are reported on a weighted average basis. 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.

Published by USDA Agricultural marketing Service (AMS)

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