Wool prices in cents per pound and foreign currency per kilogram, sheep prices in dollars per hundredweight (cwt.) except some replacement animals on per head basis as indicated.
NATIONAL WOOL REVIEW
(USDA Market News)
Domestic wool trading on a clean basis was slow this week. There were 322,000 lbs. of confirmed trades this week. Demand was moderate. With the different weather patterns in February and March it has pushed shearing schedules back as much as 2-3 weeks. With the lack luster market in Australia and the stronger currency it is becoming tough for the domestic wool buyers to procure clips at price levels that growers are willing to sell. Currently wools are between 70-80 percent of Australia. Domestic wool trading on a greasy basis was very slow this week. There were 100,000 lbs. of confirmed trades this week. All trades reported on a weighted average. Territory States: Ewe wools: 22 micron 63-70 mm tender $1.83; bellies $.85; pieces $.43.
NATIONAL SHEEP SUMMARY
(USDA Market News)
San Angelo, Texas
Compared to March 14: Slaughter lambs were steady to $15 lower. Slaughter ewes were steady to $5 lower. Feeder lambs were thinly tested. At San Angelo, Texas, 4,529 head sold in a one-day sale. No sales in Equity Electronic Auction. In direct trading slaughter ewes were steady; feeder lambs were weak. 4,800 head of negotiated sales of slaughter lambs were $1-2 higher and 9,700 head of formula sales of carcasses under 65 lbs. were not well tested; 65-85 lbs. were $4-5 lower; 85-95 lbs. were $1 lower and over 95 lbs. were not well tested. 6,497 lamb carcasses sold with 45 lbs. and down $15.48 lower; 45-55 lbs. $2.50 higher; 55-65 lbs. $2.98 lower and 65 lbs. and up $.29-.59 higher.
SLAUGHTER LAMBS Choice and Prime 2-3:
San Angelo: shorn and wooled 110-175 lbs. $140-156, few $168.
SLAUGHTER LAMBS Choice and Prime 1:
San Angelo: 40-60 lbs. $206-212; 60-70 lbs. $194-209; 70-80 lbs. $190-198, few $204; 80-90 lbs. $186-198, few 200; 90-110 lbs. $186-198.
DIRECT TRADING (Lambs with 3-4 percent shrink or equivalent):
4,800 Slaughter Lambs shorn and wooled 131-169 lbs. $154.58-178.50 (wtd avg $164.42); 180-192 lbs. $152-160 (wtd avg $155.52).
California: 4,900 Feeder Lambs 80-90 lbs. new crop $207-210.
Idaho: 300 Slaughter Ewes Utility and Good 1-3 $45; Utility 1-2 $25.
San Angelo: Good 2-3 (fleshy) $60-65; Utility and Good 1-3 (medium flesh) $66-70, high yielding $76-78; Utility 1-2 (thin) $58-65; Cull and Utility 1-2 (very thin) $45-57.
FEEDER LAMBS Medium and Large 1-2:
San Angelo: 60-80 lbs. new crop $210-230; 80-100 lbs. new crop $201-211.
REPLACEMENT EWES Medium and Large 1-2:
San Angelo: no test.
NATIONAL WEEKLY LAMB CARCASS Choice and Prime 1-4:
Weight Wtd. avg.
45 lbs. down $485.98
45-55 lbs. $380.14
55-65 lbs. $337.26
65-75 lbs. $318.79
75-85 lbs. $304.69
85 lbs. and up $292.63
Sheep and lamb slaughter under federal inspection for the week to date totaled 42,000 compared with 39,000 last week and 46,000 last year.