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USDA National Wool Review

04 August 2015

USDA National Wool Review - 4 August 2015USDA National Wool Review - 4 August 2015

Domestic wool trading on a clean basis was at a standstill this week. There were No confirmed trades. Most are at a point where they are just collecting pools that were sheared late to store until the fall as warehouses restock and deliver previously sold contract wool from earlier in the year. The economic landscape in China is a current topic at hand as they import a lot of domestic wool. Most remain optimistic that the situation there will change as well as the possibility of European markets having a greater demand later this fall. 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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