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USDA National Wool Review

29 June 2015

USDA National Wool Review - 29 June 2015USDA National Wool Review - 29 June 2015

Domestic wool trading on a clean basis was slow this week. There were 270,203 lbs of confirmed trades. Most of the shearing is coming to close and the majorities of the big wool runs are slowing down. Many will now start to collect small pools that will trade closer to fall as warehouses restock. China had been very active in buying wool recently as their inventories had been down at a low level. They have filling their pipeline over the last several weeks, but are now back to normal levels and have slowed in the buying process. Currency and is the only real struggle point at this time as the U.S. dollar remains high. 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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