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USDA National Wool Review

23 March 2015

USDA National Wool Review - 23 March 2015USDA National Wool Review - 23 March 2015

Domestic wool trading on a clean basis was at a standstill this week. There were no confirmed trades. Shearing has become wide spread especially across the western states. Some of the mountain regions along with areas in Texas were hindered by storms this past week but will resume with the warm up in the week to come.

Shearing will continue to be heavy over the next several weeks, especially with the storms causing a lot of producers to be a week to two weeks behind. A stronger U.S. dollar is making it hard for buyers to obtain clips that growers are willing to sell at.

Currently wools are falling within 80-85 percent of Australia. 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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