National Wool Review

Aug. 9

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 78 at 1676 cents 
per Kg clean from the sale a week ago.  A total of 41,543 bales were offered 
with sales of 71.4 percent.  The Australian exchange rate was stronger by .0192 
at .6774 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               6.47            - .41         4.85-5.50
  19      70-80s            6.05            - .57         4.54-5.15 
  20      64-70s            6.02            - .57         4.51-5.11
  21      64s               5.99            - .60         4.49-5.09
  22      62s               6.00            - .58         4.50-5.10  
  23      60-62s            ----            -----         ---------
  24      60s               ----            -----         ---------
  25      58s               ----            -----         --------- 
  26      56-58s            4.20            - .29         3.15-3.57
  28      54s               3.21            - .26         2.41-2.73
  30      50s               2.56            - .31         1.92-2.17
  32      46-48s            1.80            - .21         1.35-1.53
  Merino Clippings          3.36            + .05         2.52-2.85

Eastern Market Indicator was down 78 at 1676 cents per kg clean. Australian 
exchange rate was stronger by .0192 at .6774 percent of the U.S. dollar.

National Sheep Summary

Aug. 9

Weekly Trends:  Compared to last week slaughter lambs were very uneven,
mostly steady to 10.00 higher, except at Ft. Collins, CO and lambs under
80 lbs at San Angelo, TX where they were weak to 10.00 lower.  Slaughter
ewes were steady to 10.00 higher.  Feeder lambs were steady to 5.00
higher.  At San Angelo, TX 6539 head sold.  No sales in Equity Electronic Auction.  In direct trading slaughter ewes and feeder lambs were not
tested.  2400 head of negotiated sales of slaughter lambs were 3.00 lower.
2,088 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:     hair 110-135 lbs 130.00-140.00; wooled and shorn 105-
                  145 lbs 130.00-141.00.
  PA:             wooled and shorn 100-150 lbs 210.00-245.00; 160 lbs
                  185.00.
  Ft.Collins, CO: wooled and shorn 100-150 lbs 140.00-155.00.
  South Dakota:   wooled and shorn 105-150 lbs 149.00-156.00.
  Kalona, IA:     wooled and shorn 100-140 lbs 145.00-185.00; 150-165
                  lbs 147.50-150.00.
  Billings, MT:   no test.
  Missouri:       wooled 100-140 lbs 130.00-165.00.
  Equity Elec:    no sales.
Slaughter Lambs:  Choice and Prime 1-2:
  San Angelo:     hair lambs 40-60 lbs 194.00-204.00, few 210.00; 60-70
                  lbs 180.00-196.00, few 200.00-202.00; 70-80 lbs 172.00-
                  192.00, few 198.00; 80-90 lbs 170.00-193.50, few 195.00-
                  196.00; 90-110 lbs 150.00-176.00. wooled and shorn 50-
                  60 lbs 192.00-194.00; 68 lbs 184.00; 70-80 lbs 178.00-
                  188.00; 80-90 lbs 178.00-188.00; 90 lbs 160.00.
  Pennsylvania:   wooled and shorn 40-50 lbs 175.00-200.00; 50-70 lbs
                  190.00-212.00, few 215.00-240.00; 70-90 lbs 180.00-
                  212.00, few 210.00-242.00; 90 lbs 2075.00. hair lambs
                  50-70 lbs 182.00-202.00, few 220.00; 70-90 lbs 187.00-
                  210.00; 91 lbs 195.00.
  Kalona, IA:     wooled and shorn 50-60 lbs 170.00-172.50; 60-70 lbs
                  165.00-167.50; 70-80 lbs 175.00-194.00; 80-90 lbs
                  180.00-195.00; 90-100 lbs 167.50-182.50. hair 50-60 lbs
                  167.50-170.00; 67 lbs 167.50; 70-80 lbs 163.00-195.00.
  Ft. Collins:    wooled and shorn 70-80 lbs 160.00; 80-90 lbs 165.00;
                  90-100 lbs 160.00-180.00. hair 60-70 lbs 156.00-160.00,
                  few 170.00; 80-100 lbs 155.00-167.50.
  Missouri:       hair 50-60 lbs 180.00-199.00; 60-70 lbs 175.00-195.00;
                  70-80 lbs 185.00-204.00; 80-90 lbs 160.00-175.00; 108
                  lbs 150.00. wooled and shorn 50-60 lbs 180.00-205.00;
                  60-70 lbs 177.50-200.00; 70-80 lbs 170.00-190.00; 80-90
                  lbs 165.00-189.00; 90-100 lbs 140.00-157.50.
  South Dakota:   wooled and shorn 70-80 lbs 175.00-178.00; 80-90 lbs
                  165.00-177.50; 90-95 lbs 167.50-168.00.
  Billings, MT:   no test.
Direct Trading:   (lambs fob with 3-4 percent shrink or equivalent)
            2400: Slaughter Lambs shorn and wooled 120-159 lbs 140.00-
                  166.00 (wtd avg 151.46).
Slaughter Ewes:
  San Angelo:   Good 3-4 (very fleshy) no test; Good 2-3 (fleshy)
                55.00-70.00; Utility and Good 1-3 (medium flesh) 80.00-
                100.00; Utility 1-2 (thin) 59.00-78.00; Cull and Uility
                1-2 (very thin) 46.00-56.00; Cull 1 (extremely thin)
                10.00-40.00.
  Pennsylvania: Good 3-4 (very fleshy) no test; Good 2-3 (fleshy)
                75.00-107.00; Utility 1-2 (thin) 90.00-140.00; Cull 1
                no test.
  Ft. Collins:  Good 3-5 (very fleshy) 61.00-79.00; Good 2-3 (fleshy)
                60.00-70.00; Utility 1-2 (thin) 35.00-36.00; 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) 66.00-75.00; Good 2-3 (fleshy)
                55.00-69.00; Utility 1-2 (thin) 52.50-60.00; Cull 1
                47.50.
  Missouri:     Good 2-3 55.00-80.00, few hair 100.00; Utility and Good
                1-3 40.00-57.50.
  Kalona:       Good 3-4 (very fleshy) no test; Good 2-3 (fleshy)
                62.00-77.50; Utility and Good 1-3 (medium flesh) 60.00-
                72.00, hair 90.00-95.00; Utility 1-2 (thin) 55.00-
                71.00.
Feeder Lambs:   Medium and Large 1-2:
  San Angelo:   54 lbs 180.00; 60-70 lbs 176.00-183.00; 70-80 lbs 164.00-
                188.00; 80-90 lbs 166.00-168.00; 90-95 lbs 160.00-162.00.
  Ft. Collins:  118 lbs 136.00.
  Billings:     no test.
  Kalona:       no test.
  So. Dakota:   43 lbs 180.00; 55 lbs 167.50; 70-80 lbs 152.50-170.00.
  Missouri:     30-40 lbs 135.00-155.00; 40-50 lbs 140.00-170.00.
Replacement Ewes:  Medium and Large 1-2:
  San Angelo:   hair ewe lambs 71 lbs 194.00 cwt, 96 lbs 188.00 cwt;
                mixed age hair ewes 80-150 lbs 100.00-126.00 cwt.
  Ft. Collins:  middle age 62.50-101.00 per head; yearling hair ewes
                77.50-82.50 per head; young to middle age hair ewes
                80.00-92.50 per head.
  Billings:     no test.
  So Dakota:    no test.
  Kalona, IA:   no test.
  Missouri:     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 36,000 last week and 39,000 last year.

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