USDA National Wool Review
12 October 2015
Domestic wool trading on a clean basis was at a standstill this week. There were no confirmed trades. A strong dollar at the current time is causing less than ideal trade conditions. The wool market has remained weak and wool is currently hard to market due to the current conditions. There is still optimism that going into the fall and early winter that there will be some stability in the market making it easier to trade. There has been added enthusiasm as Europe is becoming more interested, which would help defer some wool that China would currently buy. Some wool is being gathered at this time to try to market in late October and early November. 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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