National Wool Review
Feb. 15
National Wool Review

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 24 at 1968 cents 
per Kg clean from the sale a week ago.  A total of 40,165 bales were offered 
with sales of 94.7 percent.  The Australian exchange rate was weaker by .0020 
at .7119 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               8.14            + .08         6.11-6.92
  19      70-80s            7.69            + .10         5.77-6.53 
  20      64-70s            7.58            + .12         5.68-6.44
  21      64s               7.50            + .07         5.62-6.37
  22      62s               7.46            + .12         5.59-6.34  
  23      60-62s            ----            -----         ---------
  24      60s               ----            -----         ---------
  25      58s               ----            -----         --------- 
  26      56-58s            4.55            + .08         3.41-3.86
  28      54s               3.68            + .15         2.76-3.12
  30      50s               3.15            + .14         2.36-2.67
  32      46-48s            1.83            + .03         1.37-1.55
  Merino Clippings          3.89            + .08         2.92-3.31

Eastern Market Indicator was up 24 at 1968 cents per kg clean. Australian 
exchange rate was weaker by .0020 at .7119 percent of the U.S. dollar.
National Sheep Summary
Feb. 15
Compared to last week slaughter lambs were uneven,
steady to 10.00 lower at San Angelo, TX and steady to 20.00 higher at
New Holland, PA.  Slaughter ewes were steady to 6.00 higher, except at
San Angelo 5.00-10.00 lower.  Feeder lambs were not well tested.  At
San Angelo, TX 2676 head sold.  Equity Electronic Auction sold 685
slaughter lambs in North Dakota and Utah.  In direct trading slaughter
ewes and feeder lambs were not tested.  3400 head of negotiated sales of
slaughter lambs were steady to 3.00 higher.  1,974 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 110.00-122.00, few 138.00.
  VA:             no test.
  PA:             shorn and wooled 90-110 lbs 215.00-255.00; 110-130 lbs
                  170.00-225.00; 130-150 lbs 140.00-175.00; 150-200 lbs
                  130.00-145.00.
  Ft.Collins, CO: wooled 135-185 lbs 125.00-137.50.
  South Dakota:   shorn and wooled 115-125 lbs 146.00-166.00; 135-150 lbs
                  136.00-141.00.
  Kalona, IA:     wooled 115-120 lbs 155.00-157.50; 150-165 lbs 126.00-
                  134.00.
  Billings, MT:   no test.
  Missouri:       100-140 lbs 145.00-175.00.
  Equity Elec:    125-155 lbs 139.75-144.00.
Slaughter Lambs:  Choice and Prime 1-2:
  San Angelo:     40-60 lbs 249.00-262.00; 60-70 lbs 230.00-246.00; 70-80
                  lbs 224.00-236.00, few 242.00; 80-90 lbs 192.00-216.00;
                  90-100 lbs 186.00-216.00.
  Pennsylvania:   40-50 lbs 270.00-315.00; 50-60 lbs 260.00-290.00; 60-70
                  lbs 242.00-280.00; 70-80 lbs 230.00-260.00, few 270.00-
                  275.00; 80-90 lbs 210.00-250.00, few 250.00-275.00; 90-
                  110 lbs 215.00-255.00.
  Kalona, IA:     50-60 lbs 282.50-285.00; 60-70 lbs 270.00-275.00; 80-90
                  lbs 240.00-242.50; 90-105 lbs 180.00-215.00.
  Ft. Collins:    60 lbs 217.50; 70-80 lbs 200.00-225.00; 90-100 lbs
                  182.50-192.00.
  Missouri:       50-60 lbs 250.00-277.00; 60-70 lbs 240.00-265.00; 70-80
                  lbs 205.00-212.50; 80 lbs 175.00; 90 lbs 150.00.
  Virginia:       60-80 lbs 237.50; 80-110 lbs 187.50-212.50.
  South Dakota:   62 lbs 270.00; 80-90 lbs 200.00-215.00; 90-110 lbs
                  180.00-194.00.
  Billings, MT:   48 lbs 232.00; 50-60 lbs 231.00-240.00; 60-65 lbs
                  222.00-232.00; 70 lbs 207.00.
Direct Trading:   (lambs fob with 3-4 percent shrink or equivalent)
            3400: Slaughter Lambs shorn and wooled 141-170 lbs 125.00-
                  153.03 (wtd avg 133.16).
Slaughter Ewes:
  San Angelo:   Good 3-4 (very fleshy) no test; Good 2-3 (fleshy) 60.00-
                70.00; Utility and Good 1-3 (medium flesh) 74.00-80.00;
                Utility 1-2 (thin) 70.00-71.00; Cull and Utility 1-2
                (very thin) 60.00-65.00; Cull 1 (extremely thin) 20.00.
  Pennsylvania: Good 3-4 (very fleshy) no test; Good 2-3 (fleshy)
                65.00-135.00; Utility 1-2 (thin) 70.00-105.00; Cull 1
                no test.
  Ft. Collins:  Good 3-5 (very fleshy) 70.00-80.00; Good 2-3 (fleshy)
                65.00-77.50; Utility 1-2 (thin) 42.50-50.00; Cull 1
                (extremely thin) no test.
  Billings, MT: Good 3-4 (very fleshy) no test; Good 2-3 (fleshy)
                47.00-58.00, high-yielding 67.00-86.00; Utility 1-2
                (thin) 56.00-63.00, high-yielding 68.00-78.00; Cull 1
                no test.
  So Dakota:    Good 3-4 (very fleshy) 51.00-64.00; Good 2-3 (fleshy)
                51.00-60.00; Utility 1-2 (thin) 41.00-53.00; Cull 1
                21.00.
  Missouri:     Good 2-4 54.00-62.50, few 80.00-82.50.
  Virginia:     Good 2-4 72.00-85.00.
  Kalona:       Good 3-4 (very fleshy) no test; Good 2-3 (fleshy)
                65.00-77.50; Utility and Good 1-3 (medium flesh) 65.00-
                75.00; Utility 1-2 (thin) no test; Cull and Utility
                1-2 (very thin) no test; Cull 1 no test.
Feeder Lambs:   Medium and Large 1-2:
  San Angelo:   79 lbs 170.00; 94 lbs 164.00; 111 lbs 140.00.
  Virginia:     no test.
  Ft. Collins:  95 lbs 155.00; 176 lbs 111.00.
  Billings:     60-70 lbs 221.00-234.00; 70-80 lbs 201.00-212.00; 80-90
                lbs 182.50-198.50; 90-100 lbs 161.00-183.50; 100-110 lbs
                153.00-160.00; 110-120 lbs 132.00-147.00; 122 lbs 134.00.
  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 90.00-108.00 cwt.
  Ft. Collins:  no test.
  Billings:     bred lambs 160.00-225.00 per head; bred yearlings 140.00-
                335.00 per head; bred baby tooth 155.00-335.00 per head;
                bred solid mouth 135.00-250.00 per head; bred broken mouth
                100.00-170.00 per head; other baby tooth 125-215 lbs
                74.00-89.00 cwt, solid mouth 57.00-59.00 cwt.
  So Dakota:    bred baby tooth to solid mouth 120.00-145.00 per head;
                bred solid mouth 120.00-125.00 per head; exposed solid
                mouth 155-180 lbs 60.00-61.00 cwt.
  Kalona, IA:   no test.
  Missouri:     hair ewes with single lamb 100.00-185.00 per family, with
                twins 185.00-190.00 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 39,000 compared with 39,000 last week and 36,000 last year.

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