USDA National Wool Review
02 May 2016
Domestic wool trading on a clean basis was very active this week. There were 1,017,198 lbs of confirmed trades. Much of the wool being traded has seen prices falling between the 80-85 percent of Australia range, with paint free lots receiving a two to five cent premium per pound. Higher vegetable matter and shorter length wools are falling to ranges of 70-75 percent of Australia. Shearing is ongoing, and for the most part conditions have been good with the occasional storm slowing the process for only one to two days at a time. Wool is still being collected and samples are being sent in for testing as wool is being marketed at this time. 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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