USDA National Wool Review
31 May 2016
Domestic wool trading on a clean basis was at a standstill this week. There were no confirmed trades. Most wools traded so far this year have been falling within the 80 to 85 percent of Australia range. Prices have been remaining steady, and have followed suit to the currency differences. It has been reported that yields for the current season have been up, which would indicate the winter this past year was closer to ideal for wool producers. 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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