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USDA National Wool Review

07 April 2015

USDA National Wool Review - 7 April 2015USDA National Wool Review - 7 April 2015

Domestic wool trading on a clean basis was at a standstill this week. There were no confirmed trades. Shearing is continuing at a strong pace across the western states and into the Midwest. Storms last month caused a lot of shearing to be put on hold while they passed through. Warmer weather has now allowed shearing to take place and move along at full momentum. Shearing will continue to be heavy over the next several weeks, but a majority of the producers say they are at least a week to two weeks behind their normal schedule. A stronger U.S. dollar along with the struggles in China’s marketplace is making it hard for buyers to obtain clips that growers are willing to sell at. The most current wools that had sold were 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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