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USDA National Wool Review

21 June 2016

USDA National Wool Review - 21 June 2016USDA National Wool Review - 21 June 2016

Domestic wool trading on a clean basis has been active, though there were no confirmed trades reported this week. Most of the shearing has now been completed and a majority of the warehouses are starting to go to a cleanup mode. There are still some trades that will be taking place as the season will start to wind down and head into the typical offseason. Wool this year has been sold mostly at a range of 80-85 percent of Australia. A majority of core samples this year have reflected higher yields across the trading regions, which indicates it was a good overall season for growing wool. 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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