National Wool Review
April 12
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 7 at 1936 cents 
per Kg clean from the sale a week ago.  A total of 37,527 bales were offered 
with sales of 90.0 percent.  The Australian exchange rate was weaker by .0045 
at .7163 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               7.86            - .02         5.89-6.68
  19      70-80s            7.56            + .00         5.67-6.43 
  20      64-70s            7.48            + .02         5.61-6.36
  21      64s               7.46            + .01         5.60-6.34
  22      62s               7.38            - .04         5.54-6.28  
  23      60-62s            ----            -----         ---------
  24      60s               ----            -----         ---------
  25      58s               5.53            + .12         4.15-4.70 
  26      56-58s            4.89            + .05         3.67-4.16
  28      54s               4.17            + .13         3.13-3.54
  30      50s               3.39            + .13         2.54-2.88
  32      46-48s            2.29            + .09         1.72-1.95
  Merino Clippings          3.72            - .01         2.79-3.16

Eastern Market Indicator was down 7 at 1936 cents per kg clean. Australian 
exchange rate was weaker by .0045 at .7163 percent of the U.S. dollar.
National Sheep Summary
April 12
Compared to last week slaughter lambs were 2.00-20.00
lower, instances 20.00-40.00 lower.  Slaughter ewes were mostly 2.00-15.00
lower, except at San Angelo and Ft. Collins firm to 5.00 higher.  No good
comparison on feeder lambs.  At San Angelo, TX 8867 head sold.  Equity
Electronic Auction sold 350 slaughter lambs in California.  In direct
trading slaughter ewes and feeder lambs were not tested.  8400 head of
negotiated sales of slaughter lambs were 1.00 higher.  4,053 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 110-165 lbs 120.00-138.00.
  VA:             no test.
  PA:             shorn and wooled 90-110 lbs 197.00-230.00, few 240.00-
                  265.00; 110-130 lbs 187.00-210.00; 130-150 lbs 175.00-
                  200.00; 150-200 lbs 170.00-192.00.
  Ft.Collins, CO: wooled 135-170 lbs 140.00-155.00.
  South Dakota:   shorn and wooled 100-110 lbs 154.00-159.00; 130-145 lbs
                  141.00-160.00.
  Kalona, IA:     wooled 118 lbs 163.00; 130-135 lbs 147.50-150.00.
  Billings, MT:   no test.
  Missouri:       no test.
  Equity Elec:    135-150 lbs 161.00.
Slaughter Lambs:  Choice and Prime 1-2:
  San Angelo:     40-60 lbs 164.00-180.00, few 186.00-190.00; 60-70 lbs
                  142.00-160.00, few 164.00-168.00; 70-80 lbs 125.00-
                  140.00; 80-90 lbs 124.00-133.00, few 138.00; 90-110 lbs
                  126.00-146.00.
  Pennsylvania:   20-30 lbs 245.00-260.00; 30-40 lbs 220.00-260.00; 40-50
                  lbs 190.00-240.00; 50-60 lbs 185.00-235.00, few 255.00-
                  260.00; 60-70 lbs 180.00-220.00, few 235.00-255.00; 70-
                  80 lbs 150.00-220.00; 80-90 lbs 140.00-210.00; 90-110
                  lbs 190.00-210.00.
  Kalona, IA:     30-50 lbs 175.00-192.50; 50-60 lbs 175.00-187.50; 60-70
                  lbs 171.00-179.00; 70-80 lbs 167.50-176.00; 80-90 lbs
                  170.00-175.00; 90-105 lbs 160.00-167.00.
  Ft. Collins:    51 lbs 202.50; 60-70 lbs 197.50-200.00; 80-85 lbs
                  190.00-195.00; 90-110 lbs 187.50-192.50.
  Missouri:       no test.
  Virginia:       30-60 lbs 155.00-187.50; 60-80 lbs 177.50.
  South Dakota:   61 lbs 177.50; 88 lbs 165.00.
  Billings, MT:   no test.
Direct Trading:   (lambs fob with 3-4 percent shrink or equivalent)
            8400: Slaughter Lambs shorn and wooled 110-185 lbs 133.00-
                  167.00 (wtd avg 152.54).
Slaughter Ewes:
  San Angelo:   Good 3-4 (very fleshy) no test; Good 2-3 (fleshy) 58.00-
                65.00; Utility and Good 1-3 (medium flesh) 72.00-88.00;
                Utility 1-2 (thin) 60.00-72.00; Cull and Utility 1-2 (very
                thin) 50.00-56.00; Cull 1 (extremely thin) 30.00-40.00.
  Pennsylvania: Good 3-4 (very fleshy) no test; Good 2-3 (fleshy)
                60.00-105.00; Utility 1-2 (thin) 50.00-77.00; 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) 35.00-37.50; 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) 36.00-41.00; Good 2-3 (fleshy)
                33.00-42.00; Utility 1-2 (thin) 31.00-44.00; Cull 1 31.00.
  Missouri:     Utility and Good 1-3 (medium flesh) no test.
  Virginia:     Good 2-4 75.00-85.00; Utility 1-2 70.00-82.50; Cull 1
                50.00-55.00.
  Kalona:       Good 3-4 (very fleshy) no test; Good 2-3 (fleshy)
                54.00-67.50; Utility and Good 1-3 (medium flesh) 41.00-
                54.00; Utility 1-2 (thin) 41.00-48.00; Cull and Utility
                1-2 (very thin) no test; Cull 1 no test.
Feeder Lambs:   Medium and Large 1-2:
  San Angelo:   92 lbs 158.00; 104 lbs shorn 150.00.
  Virginia:     no test.
  Ft. Collins:  60-70 lbs 190.00-195.00.
  Billings:     no test.
  Kalona:       no test.
  So Dakota:    40-50 lbs 235.00-255.00; 50-60 lbs 190.00-213.00; 60-70
                lbs 203.00-210.00; 85 lbs 195.00; 99 lbs 171.00.
  Missouri:     no test.
Replacement Ewes:  Medium and Large 1-2:
  San Angelo:   mixed age hair ewes 80-130 lbs 86.00-118.00 cwt.
  Ft. Collins:  no test.
  Billings:     no test.
  So Dakota:    solid mouth 175.00-185.00 per head, others 135-160 lbs
                50.00-54.00 cwt.
  Kalona, IA:   no test.
  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 44,000 compared with 43,000 last week and 38,000 last year.

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