National Wool Review
Jan. 18
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 up 13 at 1923 cents 
per Kg clean from the sale a week ago.  A total of 51,703 bales were offered 
with sales of 93.3 percent.  The Australian exchange rate was stronger by .0028 
at .7151 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               8.01            - .04         6.01-6.81
  19      70-80s            7.59            - .03         5.70-6.46 
  20      64-70s            7.43            - .04         5.57-6.32
  21      64s               7.38            + .00         5.54-6.27
  22      62s               7.29            - .04         5.47-6.20  
  23      60-62s            7.16            + .02         5.37-6.09
  24      60s               ----            -----         ---------
  25      58s               ----            -----         --------- 
  26      56-58s            4.50            + .20         3.37-3.82
  28      54s               3.22            + .16         2.42-2.74
  30      50s               2.52            + .07         1.89-2.14
  32      46-48s            1.70            - .04         1.28-1.45
  Merino Clippings          4.00            + .01         3.00-3.40

Eastern Market Indicator was up 13 at 1923 cents per kg clean. Australian 
exchange rate was stronger by .0028 at .7151 percent of the U.S. dollar.
National Sheep Summary
Jan. 18
Compared to last week slaughter lambs were steady to
10.00 lower with most decline on weights over 90 lbs.  Slaughter ewes
were steady to 10.00 higher.  No good comparison on feeder lambs.  At
San Angelo, TX 3773 head sold.  Equity Electronic Auction sold 240
slaughter ewes in Minnesota.  In direct trading slaughter ewes and feeder
lambs were not tested.  2500 head of negotiated sales of slaughter lambs
were 2.00 lower.  2,531 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 110-140 lbs 130.00-148.00.
  VA:             wooled 110-125 lbs 178.00-196.00.
  PA:             shorn and wooled 90-110 lbs 200.00-235.00; 110-130 lbs
                  170.00-210.00; 130-150 lbs 165.00-192.00; 150-200 lbs
                  162.00-167.00.
  Ft.Collins, CO: wooled 110-125 lbs 152.50-166.00; 135-165 lbs 132.00-
                  155.00.
  South Dakota:   shorn and wooled 108 lbs 146.00; 110-130 lbs 131.00-
                  142.00; 130-145 lbs 126.00-134.00.
  Kalona, IA:     wooled 110-130 lbs 143.00-157.50.
  Billings, MT:   no test.
  Missouri:       no test.
  Equity Elec:    no test.
Slaughter Lambs:  Choice and Prime 1-2:
  San Angelo:     40-60 lbs 270.00-280.00, few 288.00; 60-70 lbs 239.00-
                  262.00; 70-80 lbs 220.00-238.00; 80-90 lbs 180.00-
                  218.00; 90-100 lbs 172.00-182.00.
  Pennsylvania:   40-50 lbs 265.00-295.00; 50-60 lbs 250.00-300.00; 60-70
                  lbs 255.00-285.00; 70-80 lbs 225.00-280.00; 80-90 lbs
                  197.00-235.00; 90-110 lbs 180.00-215.00.
  Kalona, IA:     50-60 lbs 260.00-277.50; 60-70 lbs 245.00-252.50; 70-80
                  lbs 195.00-227.00; 80-90 lbs 168.00-190.00; 90-100 lbs
                  157.50-175.00.
  Ft. Collins:    40-60 lbs 240.00-257.50; 60-70 lbs 240.00-251.00; 70-80
                  lbs 225.00-240.00; 81 lbs 192.50; 90-105 lbs 160.00-
                  195.00.
  Missouri:       no test.
  Virginia:       30-60 lbs 100.00-173.00.
  South Dakota:   66 lbs 235.00; 70-80 lbs 170.00-190.00; 80-90 lbs
                  176.00; 92 lbs 165.00.
  Billings, MT:   73 lbs 185.00.
Direct Trading:   (lambs fob with 3-4 percent shrink or equivalent)
            2500: Slaughter Lambs shorn and wooled 143-184 lbs 126.00-
                  148.64 (wtd avg 131.99).
  TX:        800: Slaughter Lambs shorn 140 lbs 130.00.
Slaughter Ewes:
  San Angelo:   Good 3-4 (very fleshy) no test; Good 2-3 (fleshy) no
                test; Utility and Good 1-3 (medium flesh) 70.00-80.00,
                high-yielding 86.00-94.00; Utility 1-2 (thin) 60.00-68.00;
                Cull and Utility 1-2 (very thin) 55.00; Cull 1
                (extremely thin) 30.00-32.00.
  Pennsylvania: Good 3-4 (very fleshy) no test; Good 2-3 (fleshy)
                80.00-135.00; Utility 1-2 (thin) 80.00-115.00; Cull 1
                no test.
  Ft. Collins:  Good 3-5 (very fleshy) 83.00-95.00; Good 2-3 (fleshy)
                71.00-85.00; Utility 1-2 (thin) 34.00-42.50; Cull 1
                (extremely thin) no test.
  Billings, MT: Good 3-4 (very fleshy) 65.00; Good 2-3 (fleshy)
                61.00-70.00, high-yielding 76.00-82.00; Utility 1-2
                (thin) 55.00-69.00; Cull 1 68.00.
  So Dakota:    Good 3-4 (very fleshy) 50.00-67.00; Good 2-3 (fleshy)
                50.00-65.00; Utility and Good 1-3 (medium flesh) 55.00-
                61.00; Utility 1-2 (thin) 45.00-59.50; Cull 1 31.00-
                60.00.
  Missouri:     Good 2-4 no test.
  Virginia:     Good 2-4 85.00-102.50; Utility 1-2 65.00-87.50.
  Kalona:       Good 3-4 (very fleshy) no test; Good 2-3 (fleshy)
                77.50-87.50; Utility and Good 1-3 (medium flesh) 55.00-
                77.50; Utility 1-2 (thin) 65.00; Cull and Utility 1-2
                (very thin) 27.50-37.50.
  Equity Elec:  Good 3-5 57.25.
Feeder Lambs:   Medium and Large 1-2:
  San Angelo:   89 lbs 160.00; 92 lbs 174.00; 119 lbs 152.00.
  Virginia:     no test.
  Ft. Collins:  no test.
  Billings:     50-60 lbs 217.50-230.00; 60-70 lbs 199.00-235.00; 70-80
                lbs 188.00-196.00; 80-90 lbs 174.00-189.50; 90-100 lbs
                167.00-174.00; 100-110 lbs 156.00-169.00; 110-115 lbs
                155.00-156.00; 121 lbs 145.00.
  Kalona:       no test.
  So Dakota:    47 lbs 202.00; 59 lbs 214.00; 68 lbs 198.00; 70-80 lbs
                182.00-186.00; 80-90 lbs 170.00-180.00; 90-100 lbs 170.50-
                172.00; 100-105 lbs 158.50-159.00; 110-120 lbs 131.00-
                139.00.
  Missouri:     no test.
Replacement Ewes:  Medium and Large 1-2:
  San Angelo:   mixed age hair ewes 80-130 lbs 88.00-118.00 cwt.
  Ft. Collins:  no test.
  Billings:     ewe lambs 120 lbs 147.00 cwt; baby tooth 150 lbs 95.00
                cwt; solid to broken mouth 130-185 lbs 60.50-66.50 cwt,
                exposed 67.00-80.00 cwt.
  So Dakota:    ewe lambs 80-90 lbs 182.00-194.00 cwt, 96 lbs 166.00 cwt,
                100 lbs 147.00 cwt; yearlings 180.00 per head; baby tooth
                to solid mouth 175.00 per head; solid mouth 170.00-195.00
                per head; solid to short solid mouth 112.50-125.00 per
                head; short solid to broken mouth 70.00-90.00 per head.
  Kalona, IA:   bred hair ewes 120.00 per head.
  Missouri:     no test.
  Virginia:     no test.
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 36,000 compared with 40,000 last week and 36,000 last year.

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