Posted: Thursday, November 15, 2012 12:00 AM
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 at a standstill this week. There were no confirmed sales this week. Demand light to moderate, noting global demand is showing signs of increasing but there is still a uncertainty in the raw wool market. Some of the unsold wool from last spring is starting to be offered up again as the Australian market has had stronger markets the last two weeks and a steady market this week.
Domestic wool trading on a greasy basis was very slow this week. There were 265,000 lbs. of confirmed sales this week.
Domestic Wool Tags - delivered to buyer, greasy basis:
The FSA effective LDP rate for wool is unchanged at $0 per pound. The FSA effective LDP rate for mohair is unchanged at $0 per pound.
NATIONAL SHEEP SUMMARY
(USDA Market News)
San Angelo, Texas
Compared to last week slaughter lambs were uneven, steady to $10 higher at New Holland, Pa., and Sioux Falls, S.D., and weak to $7 lower at San Angelo, Texas, and Ft. Collins, Colo. Slaughter ewes were steady to $10 higher. Feeder lambs were steady to $4 lower. At San Angelo, 2,911 head sold in a one-day sale. Equity Electronic Auction sold 320 slaughter lambs in North Dakota. In direct trading slaughter ewes were not tested; feeder lambs were weak. 3,800 head of negotiated sales of slaughter lambs were $5-6 higher and 11,300 head of formula sales of dressed lambs under 55 lbs. were not well tested; 55-65 lbs. were sharply lower; 65-75 lbs. sold $6-7 higher; 75-85 lbs. were $2-3 lower and over 85 lbs. were $3-4 higher. 6,496 lamb carcasses sold with 45 lbs. and down $6.03 lower; 45-55 lbs. $15.75 higher; 55-65 lbs. $1.31 lower and 65 lbs. and up steady to $2.81 lower.
SLAUGHTER LAMBS Choice and Prime 2-3:
San Angelo: shorn and wooled 100-145 lbs. $75-90.
SLAUGHTER LAMBS Choice and Prime 1:
San Angelo: 40-60 lbs. $172-190; 60-70 lbs. $136-144, few $176; 70-80 lbs. $120-126; 80-100 lbs. $102-112.
DIRECT TRADING (Lambs with 3-4 percent shrink or equivalent)
3,800 Slaughter Lambs shorn and wooled 127-170 lbs. $88.88-115 (wtd avg $102.05); no dressed sales reported.
California: 1,100 Feeder Lambs 120-130 lbs. $98.
San Angelo: Good 2-3 (fleshy) 50; Utility and Good 1-3 (medium flesh) $55-67, high-yielding $70; Utility 1-2 (thin) $44-48.
FEEDER LAMBS Medium and Large 1-2:
San Angelo: 45-60 lbs. $112-122; 62 lbs. $112; 70-80 lbs. $106.
REPLACEMENT EWES Medium and Large 1-2:
San Angelo: hair ewe lambs 98 lbs. $140 cwt.
NATIONAL WEEKLY LAMB CARCASS Choice and Prime 1-4:
Weight Wtd. avg.
45 lbs. down $336.92
45-55 lbs. $337.13
55-65 lbs. $282.18
65-75 lbs. $254.69
75-85 lbs. $236.14
85 lbs. and up $205.17
Sheep and lamb slaughter under federal inspection for the week to date totaled 42,000 compared with 38,000 last week and 43,000 last year.