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)

Greeley, Colo.

Nov. 16

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 stability 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 no confirmed sales this week. All prices reported on a weighted average.

Domestic Wool Tags - delivered to buyer, greasy basis:

#1 $.40-.45

#2 $.25-.35

#3 $.10-.20

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

Nov. 16

Compared to last week slaughter lambs were steady to $6 higher. Slaughter ewes were steady to $9 higher, except at New Holland, Pa., where they were $5-10 lower. Feeder lambs were steady. At San Angelo, Texas, 5,300 head sold in a one-day sale. No sales in Equity Electronic Auction.

In direct trading slaughter ewes and feeder lambs were not tested. 1700 head of negotiated sales of slaughter lambs were steady to $1 lower and 12,600 head of formula sales of dressed lambs under 55 lbs. were not well tested; 55-65 lbs. were $5-6 higher; 65-75 lbs. sold weak to $1 lower; 75-85 lbs. were $1-2 higher and over 85 lbs. were $6-7 lower. 6,757 lamb carcasses sold with 45 lbs. and down $6.46 higher; 45-55 lbs. $9.14 lower; 55-65 lbs. $4.03 lower and 65 lbs. and up $.36 lower to $.96 higher.

SLAUGHTER LAMBS Choice and Prime 2-3:

San Angelo: shorn and wooled 100-145 lbs. $71-92, few $96-98.

SLAUGHTER LAMBS Choice and Prime 1:

San Angelo: 40-60 lbs. $156-172; 60-70 lbs. $136-158, few 160-177; 70-80 lbs. $120-132, 140; 80-90 lbs. $102-112, few $120; 90-100 lbs. $100-106; 110 lbs. $110.

DIRECT TRADING (Lambs with 3-4 percent shrink or equivalent)

1,700: Slaughter Lambs shorn and wooled 128-145 lbs. $89.92-115 (wtd avg $101.29); no dressed sales reported.

California: 800 Replacement Ewes 95-115 lbs. ewe lambs $114-120 cwt.

SLAUGHTER EWES:

San Angelo: Utility and Good 1-3 (medium flesh) $54-70, few $70-74; Utility 1-2 (thin) $50-52; Cull and Utility 1-2 (very thin) $40-44.

FEEDER LAMBS Medium and Large 1-2:

San Angelo: 55-65 lbs. $120-122; 73 lbs. $106; 90-105 lbs. $90-98.

REPLACEMENT EWES Medium and Large 1-2:

San Angelo: solid mouth hair ewes 110-155 lbs. $72-82 cwt.

NATIONAL WEEKLY LAMB CARCASS Choice and Prime 1-4:

Weight Wtd. avg.

45 lbs. down $347.61

45-55 lbs. $331.67

55-65 lbs. $279.24

65-75 lbs. $254.57

75-85 lbs. $235.84

85 lbs. and up $207.08

Sheep and lamb slaughter under federal inspection for the week to date totaled 40,000 compared with 42,000 last week and 39,000 last year.

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