National Wool Review
June 7
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 inactive 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 23 at 1864 cents 
per Kg clean from the sale a week ago.  A total of 21,744 bales were offered 
with sales of 84.5 percent.  The Australian exchange rate was weaker by .0046 
at .6971 percent of the U.S. dollar.  Australian wool prices are quoted US 
Dollar per pound, 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               7.38            - .06         5.53-6.27
  19      70-80s            7.08            - .04         5.31-6.02 
  20      64-70s            7.05            - .03         5.29-5.99
  21      64s               7.04            - .06         5.28-5.98
  22      62s               6.97            - .03         5.23-5.92  
  23      60-62s            ----            -----         ---------
  24      60s               ----            -----         ---------
  25      58s               ----            -----         --------- 
  26      56-58s            4.73            -----         3.55-4.02
  28      54s               3.69            + .01         2.76-3.13
  30      50s               3.12            + .03         2.34-2.65
  32      46-48s            2.10            + .01         1.58-1.79
  Merino Clippings          3.33            - .09         2.50-2.83

Eastern Market Indicator was down 23 at 1864 cents per kg clean. Australian 
exchange rate was weaker by .0046 at .6971 percent of the U.S. dollar.
National Sheep Summary
June 7
Weekly Trends:  Compared to last week slaughter lambs were 3.00 to
sharply lower.  Slaughter ewes were steady to 10.00 lower.  No comparison
on feeder lambs, but a lower undertone prevailed.  At San Angelo, TX 6088
head sold.  No sales in Equity Electronic Auction.  In direct trading
slaughter ewes and feeder lambs were not tested.  3900 head of negotiated
sales of slaughter lambs were 6.00 higher.  2,505 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:     110-145 lbs 120.00-130.00.
  VA:             wooled 110-125 lbs 177.50-182.50.
  PA:             wooled and shorn 90-100 lbs 90-100 lbs 195.00-225.00;
                  100-140 lbs 185.00-210.00, few 225.00-230.00.
  Ft.Collins, CO: wooled 125-145 lbs 135.00-157.50.
  South Dakota:   wooled and shorn 105-150 lbs 151.00-162.00.
  Kalona, IA:     wooled 100-125 lbs 166.00-176.00.
  Billings, MT:   no test.
  Missouri:       no test.
  Equity Elec:    no sales.
Slaughter Lambs:  Choice and Prime 1-2:
  San Angelo:     hair lambs 40-60 lbs 170.00-188.00; 60-70 lbs 136.00-
                  166.00; 70-80 lbs 134.00-150.00; 80-90 lbs 120.00-
                  144.00; 90-110 lbs 120.00-130.00. wooled and shorn
                  55 lbs 170.00; 74 lbs 134.00; 80-90 lbs 138.00-140.00.
  Pennsylvania:   wooled and shorn 40-50 lbs 195.00-230.00; 50-60 lbs
                  187.00-220.00, few 220.00-250.00; 60-70 lbs 185.00-
                  210.00, few 215.00-235.00; 70-80 lbs 175.00-200.00,
                  few 207.00-215.00; 80-90 lbs 175.00-197.00. hair 40-
                  50 lbs 195.00-205.00; 50-70 lbs 180.00-210.00; 70-80
                  lbs 172.00-205.00, few 205.00-215.00; 80-90 lbs 170.00-
                  190.00; 90-100 lbs 185.00-210.00.
  Kalona, IA:     wooled and shorn 60-70 lbs 169.00-177.50; 70-90 lbs
                  167.50-174.00; 90-100 lbs 167.50-172.00. hair lambs
                  40-60 lbs 165.00-170.00; 66 lbs 167.00.
  Ft. Collins:    wooled and shorn 60-65 lbs 162.50-170.00. hair lambs
                  40-60 lbs 160.00-170.00; 82 lbs 160.00.
  Missouri:       hair lambs 60-70 lbs 160.00-170.00. wooled and shorn
                  70-80 lbs  140.00-155.00.
  Virginia:       60-80 lbs 160.00-187.50.
  South Dakota:   wooled and shorn 59 lbs 152.50; 60-70 lbs 151.00-
                  171.00; 70-80 lbs 150.00-160.00; 80-85 lbs 151.00-
                  152.50; 95-100 lbs 151.00-160.00.
  Billings, MT:   hair 67 lbs 145.00; 76 lbs 157.00.
Direct Trading:   (lambs fob with 3-4 percent shrink or equivalent)
                : Slaughter Lambs shorn and wooled 120-184 lbs        
                         (wtd avg).
Slaughter Ewes:
  San Angelo:   Good 3-4 (very fleshy) 45.00-56.00; Good 2-3 (fleshy)
                58.00-70.00; Utility and Good 1-3 (medium flesh) 67.00-
                81.00; Utility 1-2 (thin) 55.00-66.00; Cull and Utility
                1-2 (very thin) 45.00-54.00; Cull 1 (extremely thin)
                40.00.
  Pennsylvania: Good 3-4 (very fleshy) 72.00-85.00; Good 2-3 (fleshy)
                80.00-105.00; Utility 1-2 (thin) 50.00-80.00; Cull 1
                no test.
  Virginia:     Good 2-4 60.00-70.00.
  Ft. Collins:  Good 3-5 (very fleshy) 63.00-71.00; Good 2-3 (fleshy)
                61.00-69.00; Utility 1-2 (thin) 29.00-45.00; Cull 1
                (extremely thin) no test.
  Billings, MT: Good 3-4 (very fleshy) 47.00-55.00; Good 2-3 (fleshy)
                44.00-56.50; Utility 1-2 (thin) 44.00-51.00; Cull 1
                34.00-43.00.
  So Dakota:    Good 3-4 (very fleshy) 65.00-70.00; Good 2-3 (fleshy)
                44.00-57.00; Utility 1-2 (thin) 34.00-43.00; Cull 1
                23.00.
  Missouri:     Utility and Good 1-3 50.00-85.00; Cull and Utility 1-2
                47.50-55.00.
  Kalona:       Good 3-4 (very fleshy) no test; Good 2-3 (fleshy)
                57.50-61.00; Utility and Good 1-3 (medium flesh) 55.00-
                60.00; Utility 1-2 (thin) no test.
Feeder Lambs:   Medium and Large 1-2:
  San Angelo:   70-80 lbs 161.00-168.00; 90-100 lbs 156.00; 104 lbs
                150.00.
  Virginia:     no test.
  Ft. Collins:  40-50 lbs 140.00-152.00; 50-60 lbs 152.00-155.00; 60-70
                lbs 152.50-160.00; 70-80 lbs 144.00-147.50; 80-90 lbs
                145.00-153.00; 110 lbs 143.00.
  Billings:     50-60 lbs 191.00-220.00; 60-70 lbs 197.00-207.50; 70-80
                lbs 180.00-195.00; 80-90 lbs 174.00-185.00; 90-100 lbs
                177.50-184.50; 100-105 lbs 170.00-175.00; 110 lbs 155.50.
  Kalona:       no test.
  So. Dakota:   40-50 lbs 175.00-182.50; 50-60 lbs 158.00-170.00; 60-70
                lbs 157.50-167.50; 70-80 lbs 180.00-187.50.
  Missouri:     hair 30-40 lbs 120.00-150.00; 40-70 lbs 142.00-170.00.
                wooled lbs 50-75 lbs 145.00-165.00.
Replacement Ewes:  Medium and Large 1-2:
  San Angelo:   solid mouth 107.50 per head; hair ewe lambs 77 lbs 160.00
                Cwt, 90-105 lbs 156.00-160.00 cwt; mixed age hair ewes
                80-135 lbs 94.00-118.00 cwt.
  Ft. Collins:  ewes with lambs 130.00-160.00 per family.
  Billings:     yearlings 115-135 lbs 100.00-145.00 cwt; young 135-145
                lbs 70.00-81.00, 158 lbs 54.00 cwt; middle age 135-155
                lbs 52.00 cwt.
  So Dakota:    young 135 lbs 7079.00 cwt; middle age 132 lbs 54.00 cwt.
  Kalona, IA:   no test.
  Missouri:     ewes and lambs 120.00-140.00 per head, others 140.00-
                210.00 per family.
  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 42,000 compared with 34,000 last week and 40,000 last year.

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