National Wool Review
March 8
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 8 at 2008 cents 
per Kg clean from the sale a week ago.  A total of 45,130 bales were offered 
with sales of 91.2 percent.  The Australian exchange rate was stronger by .0099 
at .7048 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               8.06            - .18         6.04-6.85
  19      70-80s            7.74            - .14         5.80-6.58 
  20      64-70s            7.62            - .14         5.71-6.47
  21      64s               7.53            - .19         5.65-6.40
  22      62s               7.51            - .19         5.63-6.39  
  23      60-62s            ----            -----         ---------
  24      60s               ----            -----         ---------
  25      58s               ----            -----         --------- 
  26      56-58s            4.79            - .02         3.59-4.07
  28      54s               3.88            + .03         2.91-3.30
  30      50s               3.17            - .13         2.38-2.70
  32      46-48s            2.07            + .00         1.55-1.76
  Merino Clippings          4.03            + .01         3.02-3.43

Eastern Market Indicator was down 8 at 2008 cents per kg clean. Australian 
exchange rate was stronger by .0099 at .7048 percent of the U.S. dollar.
National Sheep Summary
March 8
Compared to last week slaughter lambs were steady to
4.00 higher.  Slaughter ewes were steady to 5.00 higher.  Feeder lambs
were not well tested.  At San Angelo, TX 2626 head sold.  Equity
Electronic Auction sold 335 slaughter lambs in North Dakota.  In direct
trading slaughter ewes and feeder lambs were not tested.  4900 head of
negotiated sales of slaughter lambs were steady to 2.00 lower.  2,252
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 105-160 lbs 130.00-138.00.
  VA:             no test.
  PA:             shorn and wooled 90-110 lbs 250.00-265.00; 110-130 lbs
                  202.00-230.00; 150-200 lbs 157.00-170.00.
  Ft.Collins, CO: wooled 115-120 lbs 180.00-185.00; 155-160 lbs 140.00-
                  150.00.
  South Dakota:   shorn and wooled 125-130 lbs 147.00-155.00; 130-150 lbs
                  145.00-148.00.
  Kalona, IA:     wooled 120-130 lbs 143.00-149.00; 135-145 lbs 137.50-
                  160.00; 150-160 lbs 137.50-139.00.
  Billings, MT:   no test.
  Missouri:       no test.
  Equity Elec:    140 lbs 150.50.
Slaughter Lambs:  Choice and Prime 1-2:
  San Angelo:     40-60 lbs 236.00-253.00; 60-70 lbs 232.00-250.00; 70-80
                  lbs 220.00-234.00; 80-90 lbs 200.00-222.00; 90-110 lbs
                  180.00-194.00.
  Pennsylvania:   40-50 lbs 260.00-310.00; 50-60 lbs 265.00-300.00, few
                  325.00; 60-70 lbs 255.00-290.00; 70-80 lbs 240.00-
                  272.00; 80-90 lbs 222.00-257.00; 90-110 lbs 227.00-
                  257.00.
  Kalona, IA:     35-45 lbs 222.50-262.50; 50-55 lbs 240.00-275.00; 60-70
                  lbs 233.00-260.00; 70-80 lbs 222.50-235.00; 80-90 lbs
                  215.00-227.50; 90-110 lbs 147.50-192.50.
  Ft. Collins:    40-60 lbs 220.00-227.50; 65 lbs 237.50; 70-80 lbs
                  192.00-195.00; 90 lbs 187.50.
  Missouri:       55-70 lbs 225.00-245.00; 85-95 lbs 155.00-175.00.
  Virginia:       30-60 lbs 200.00.
  South Dakota:   65 lbs 215.00; 74 lbs 240.00; 86 lbs 185.00.
  Billings, MT:   no test.
Direct Trading:   (lambs fob with 3-4 percent shrink or equivalent)
            4900: Slaughter Lambs shorn and wooled 104-177 lbs 124.00-
                  156.52 (wtd avg 138.99).
Slaughter Ewes:
  San Angelo:   Good 3-4 (very fleshy) no test; Good 2-3 (fleshy) 75.00;
                Utility and Good 1-3 (medium flesh) 80.00-92.00, high-
                yielding 94.00-100.00; Utility 1-2 (thin) no test;
                Cull and Utility 1-2 (very thin) 52.00-60.00; Cull 1
                (extremely thin) no test.
  Pennsylvania: Good 3-4 (very fleshy) no test; Good 2-3 (fleshy)
                70.00-125.00; Utility 1-2 (thin) 60.00-105.00; Cull 1
                60.00-75.00.
  Ft. Collins:  Good 3-5 (very fleshy) 82.50-87.50; Good 2-3 (fleshy)
                72.50-82.50; Utility 1-2 (thin) 37.00-40.00; 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) 50.00-53.00; Good 2-3 (fleshy)
                51.00-64.00; Utility 1-2 (thin) 47.50-56.00; Utility 1
                40.00-41.00.
  Missouri:     Utility and Good 1-3 75.00-82.50; Cull and Utility 1-2
                47.50-65.00.
  Virginia:     Good 2-4 70.00-87.50.
  Kalona:       Good 3-4 (very fleshy) 62.00-65.00; Good 2-3 (fleshy)
                70.00-86.00; Utility and Good 1-3 (medium flesh) 52.50-
                72.50; Utility 1-2 (thin) 50.00-67.50; Cull and Utility
                1-2 (very thin) 42.50; Cull 1 no test.
Feeder Lambs:   Medium and Large 1-2:
  San Angelo:   no test.
  Virginia:     no test.
  Ft. Collins:  no test.
  Billings:     no test.
  Kalona:       no test.
  So Dakota:    32 lbs 200.00; 81 lbs 185.00.
  Missouri:     no test.
Replacement Ewes:  Medium and Large 1-2:
  San Angelo:   mixed age hair ewes 80-130 lbs 86.00-124.00 cwt.
  Ft. Collins:  no test.
  Billings:     no test.
  So Dakota:    bred baby tooth 230.00 per head; bred solid mouth 160.00
                per head; bred mixed age 130.00 per head.
  Kalona, IA:   no test.
  Missouri:     85-150 lbs 95.00-115.00 cwt.
  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 37,000 compared with 38,000 last week and 41,000 last year.

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