National Wool Review
March 1
Domestic wool trading on a clean basis was inactive this week.  There were no 
confirmed trades reported.  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. 

            US             Fleece         Territory      Texas and
Micron    Grades           States          States        New Mexico
18        80s               None            None            None
19        70-80s            None            None            None 
20        64-70s            None            None            None 
21        64s               None            None            None 
22        62s               None            None            None 
23        60-62s            None            None            None 
24        60s               None            None            None 
25        58s               None            None            None 
26        56-58s            None            None            None 
27        54-56s            None            None            None 
28        54s               None            None             NA
29        50-54s            None            None             NA
30-34     44-50s            None            None             NA

Domestic wool trading on a greasy basis was at a standstill this week. There 
were no confirmed trades reported.  All trades reported on a weighted average.
  
Domestic wool tags are delivered to buyer and reported on a greasy basis:
      Number 1 tags        Number 2 tags        Number 3 tags
         .60-.70              .50-.60              .40-.50 

  In Australia this week, the Eastern Market Indicator was down 11 at 2016 cents 
per Kg clean from the sale a week ago.  A total of 48,948 bales were offered 
with sales of 91.6 percent.  The Australian exchange rate was stronger by .0013 
at .7147 percent of the U.S. dollar.  Australian wool prices are quoted 
delivered Charleston, South Carolina.  The current freight rate is .15 cents per 
pound clean. Schlumberger Dry formula is used for yield determination.    
  The 75-85 percent of Australia price range can be used as an estimated value 
of clean domestic prices FOB the warehouse and gross producer.  These are 
estimated domestic values and may vary depending on current market conditions, 
yield, strength, length, colored fiber content, poly contamination, and other 
quality factors.

                      Clean Del Price    Change from    75-85 Percent
Micron    US Grade    in U.S. Dollars   Previous Sale    of Australia 
  18      80s               8.24            - .06         6.18-7.01
  19      70-80s            7.88            - .07         5.91-6.70 
  20      64-70s            7.76            - .11         5.82-6.60
  21      64s               7.72            - .08         5.79-6.56
  22      62s               7.70            + .01         5.78-6.55  
  23      60-62s            ----            -----         ---------
  24      60s               ----            -----         ---------
  25      58s               ----            -----         --------- 
  26      56-58s            4.81            + .06         3.60-4.08
  28      54s               3.85            - .03         2.89-3.27
  30      50s               3.30            - .04         2.47-2.80
  32      46-48s            2.07            + .07         1.55-1.76
  Merino Clippings          4.02            - .00         3.01-3.41

Eastern Market Indicator was down 11 at 2016 cents per kg clean. Australian 
exchange rate was stronger by .0013 at .7147 percent of the U.S. dollar.
National Sheep Summary
March 1
Compared to last week: Slaughter lambs were steady to
10.00 lower.  Slaughter ewes were uneven, fleshier ewes weak to 2.00
lower and thin ewes 5.00-10.00 higher.  Feeder lambs were not well
tested.  At San Angelo, Texas, 4163 head sold.  No sales in Equity Electronic
Auction.  In direct trading slaughter ewes and feeder lambs were not
tested.  3400 head of negotiated sales of slaughter lambs were 3.00-4.00
higher.  2,543 lamb carcasses sold with all weights no trend due to
confidentiality.  All sheep sold per hundred weight (CWT) unless
otherwise specified.

Slaughter Lambs:   Choice and Prime 2-3 90-160 lbs:
  San Angelo:     shorn and wooled 120-175 lbs 120.00-130.00, few 140.00-
                  144.00.
  VA:             wooled 110-125 lbs 150.00; 125-150 lbs 87.50.
  PA:             shorn and wooled 90-110 lbs 237.00-265.00; 110-130 lbs
                  220.00-232.00; 130-150 lbs 185.00-205.00; 150-200 lbs
                  185.00-195.00.
  Ft.Collins, CO: wooled 110-125 lbs 145.00-170.00; 134 lbs 145.00.
  South Dakota:   shorn and wooled 115-145 lbs 141.00-147.50.
  Kalona, IA:     wooled 110 lbs 148.00; 130-145 lbs 139.00-147.00.
  Billings, MT:   no test.
  Missouri:       no test.
  Equity Elec:    no sales.
Slaughter Lambs:  Choice and Prime 1-2:
  San Angelo:     40-60 lbs 242.00-252.00, few 255.00; 60-70 lbs 228.00-
                  250.00; 70-80 lbs 226.00-234.00; 80-90 lbs 202.00-
                  220.00, few 227.00; 90-110 lbs 186.00-210.00.
  Pennsylvania:   40-50 lbs 270.00-295.00; 50-60 lbs 260.00-300.00, few
                  310.00-320.00; 60-70 lbs 255.00-280.00, few 295.00-
                  300.00; 70-80 lbs 230.00-260.00, few 270.00-285.00; 80-
                  90 lbs 215.00-240.00, few 265.00-285.00; 90-110 lbs
                  240.00-250.00.
  Kalona, IA:     45-60 lbs 242.50-252.50, few 275.00; 70-75 lbs 205.00-
                  215.00; 102 lbs 147.00.
  Ft. Collins:    50-60 lbs 235.00-240.00; 60-70 lbs 210.00-237.50; 75
                  lbs 207.50; 83 lbs 197.50; 90-105 lbs 205.00-215.00.
  Missouri:       56 lbs 260.00; 60-70 lbs 225.00-235.00; 70-80 lbs
                  215.00.
  Virginia:       60-80 lbs 170.00-232.00; 80-110 lbs 119.00-217.00.
  South Dakota:   no test.
  Billings, MT:   no test.
Direct Trading:   (lambs fob with 3-4 percent shrink or equivalent)
            3400: Slaughter Lambs shorn and wooled 139-170 lbs 130.00-
                  156.51 (wtd avg 141.07).
  TX:       1350: Slaughter Lambs shorn club lambs 145 lbs 137.15.
Slaughter Ewes:
  San Angelo:   Good 3-4 (very fleshy) no test; Good 2-3 (fleshy) no
                test; Utility and Good 1-3 (medium flesh) 78.00-88.00,
                high-yielding 90.00-100.00; Utility 1-2 (thin) 70.00-
                78.00; Cull and Utility 1-2 (very thin) 60.00; Cull 1
                (extremely thin) 44.00.
  Pennsylvania: Good 3-4 (very fleshy) 60.00-80.00; Good 2-3 (fleshy)
                80.00-130.00; Utility 1-2 (thin) 60.00-75.00; Cull 1
                no test.
  Ft. Collins:  Good 3-5 (very fleshy) 67.50-77.50; Good 2-3 (fleshy)
                67.50-77.50; Utility 1-2 (thin) 36.00; Cull 1
                (extremely thin) no test.
  Billings, MT: Good 3-4 (very fleshy) no test; Good 2-3 (fleshy)
                no test; Utility 1-2 (thin) no test; Cull 1 no test.
  So Dakota:    Good 3-4 (very fleshy) 54.00-63.00; Good 2-3 (fleshy)
                46.00-59.00; Utility 1-2 (thin) 46.00-54.00; Cull 1
                31.00-41.00.
  Missouri:     Utility and Good 1-3 60.00-75.00; Cull and Utility 1-2
                45.00-67.50.
  Virginia:     Good 2-4 95.00-130.00.
  Kalona:       Good 3-4 (very fleshy) no test; Good 2-3 (fleshy)
                70.00-95.00; Utility and Good 1-3 (medium flesh) 57.50-
                75.00; Utility 1-2 (thin) 57.50; Cull and Utility
                1-2 (very thin) no test; Cull 1 no test.
Feeder Lambs:   Medium and Large 1-2:
  San Angelo:   70-80 lbs 174.00-176.00; 80-90 lbs 164.00-178.00; 90-100
                lbs 156.00-164.00.
  Virginia:     no test.
  Ft. Collins:  no test.
  Billings:     no test.
  Kalona:       no test.
  So Dakota:    no test.
  Missouri:     no test.
Replacement Ewes:  Medium and Large 1-2:
  San Angelo:   mixed age hair ewes 80-130 lbs 90.00-118.00 cwt; hair
                ewes and lambs 78.00-98.00 per head.
  Ft. Collins:  no test.
  Billings:     no test.
  So Dakota:    bred solid mouth 140.00-150.00 per head; open ewes 125-
                175 lbs 65.00-71.00 cwt.
  Kalona, IA:   no test.
  Missouri:     hair ewes 100-175 lbs 70.00-82.50 cwt, few 122.50 per
                head.
  Virginia:     ewes with lambs 190.00-230.00 per family.
National Weekly Lamb Carcass
                        Choice and Prime 1-4:
   Weight         Head           Wt Avg
   45 lbs down    Price not reported due to confidentiality
   45-55 lbs      Price not reported due to confidentiality
   55-65 lbs      Price not reported due to confidentiality
   65-75 lbs      Price not reported due to confidentiality
   75-85 lbs      Price not reported due to confidentiality
   85 lbs up      Price not reported due to confidentiality
  
Sheep and lamb slaughter under federal inspection for the week to date
totaled 38,000 compared with 39,000 last week and 39,000 last year.

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