USDA National Wool Review
01 September 2015
Domestic wool trading on a clean basis was at a standstill this week. There were No confirmed trades. Most are at a point where they delivering previously sold contract wool from earlier in the year. Some warehouses have begun collecting small wool pools and will continue collecting into the fall. Foreign interest has declined and a strong dollar at the current time is causing less than ideal trade conditions. There is concern about the impact of the current situation in China and how it may affect their interest in wool over the short and mid-term. 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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