National Wool Review
June 21
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 57 at 1766 cents 
per Kg clean from the sale a week ago.  A total of 19,072 bales were offered 
with sales of 87.2 percent.  The Australian exchange rate was stronger by .0020 
at .6892 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               6.91            - .19         5.18-5.87
  19      70-80s            6.70            - .17         5.02-5.69 
  20      64-70s            6.63            - .19         4.97-5.63
  21      64s               6.62            - .18         4.96-5.62
  22      62s               ----            -----         ---------  
  23      60-62s            ----            -----         ---------
  24      60s               ----            -----         ---------
  25      58s               ----            -----         --------- 
  26      56-58s            ----            -----         ---------
  28      54s               3.56            - .04         2.67-3.03
  30      50s               2.92            - .10         2.19-2.48
  32      46-48s            2.04            - .05         1.53-1.73
  Merino Clippings          3.18            - .06         2.38-2.70

Eastern Market Indicator was down 57 at 1766 cents per kg clean. Australian 
exchange rate was stronger by .0020 at .6892 percent of the U.S. dollar.
National Sheep Summary
June 21
   Weekly Trends:  Compared to last week slaughter lambs were mostly
steady to 10.00 lower, except at San Angelo 5.00-10.00 higher.  Slaughter
ewes were uneven, steady to 10.00 higher at San Angelo, New Holland and
Ft. Collins and 5.00-10.00 lower at Sioux Falls and Kalona.  Feeder lambs
steady in light test.  At San Angelo, TX 5625 head sold.  Equity
Electronic Auction sold 330 slaughter lambs in North Dakota.  In direct
trading slaughter ewes and feeder lambs were not tested.  4800 head of
negotiated sales of slaughter lambs were 1.00 lower.  2,216 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:     110-130 lbs 129.00-137.00.
  VA:             no test.
  PA:             wooled and shorn 100-135 lbs 180.00-205.00, few 215.00.
  Ft.Collins, CO: no test.
  South Dakota:   wooled and shorn 105-145 lbs 151.00-159.00.
  Kalona, IA:     wooled 100-145 lbs 150.00-156.00.
  Billings, MT:   no test.
  Missouri:       no test.
  Equity Elec:    145 lbs 156.00.
Slaughter Lambs:  Choice and Prime 1-2:
  San Angelo:     hair lambs 40-60 lbs 154.00-184.00, few 192.00-198.00;
                  60-70 lbs 140.00-170.00, few 174.00-180.00; 70-80 lbs
                  140.00-158.00, few 168.00; 80-90 lbs 130.00-153.00; 90-
                  110 lbs 128.00-146.00. wooled and shorn  60-70 lbs
                  140.00-164.00; 77 lbs 146.00; 80850 lbs 146.00 90-100
                  lbs 130.00-142.00.
  Pennsylvania:   wooled and shorn 40-50 lbs 190.00-200.00; 50-60 lbs
                  185.00-205.00; 60-70 lbs 175.00-207.00; 70-80 lbs
                  175.00-195.00, few 200.00-210.00; 80-90 lbs 170.00-
                  197.00. hair lambs 50-60 lbs 185.00-205.00; 60-80 lbs
                  170.00-190.00; 80-90 lbs 165.00-190.00; 90-100 lbs
                  175.00-197.00.
  Kalona, IA:     wooled and shorn 40-90 lbs 145.00-158.00; 90-100 lbs
                  150.00-156.00. hair lambs 40-90 lbs 145.00-153.00.
  Ft. Collins:    wooled and shorn 66 lbs 180.00; 73 lbs 177.50. hair
                  lambs 74 lbs 175.00.
  Missouri:       hair lambs 60-70 lbs 142.50-147.50.
  Virginia:       60-80 lbs 161.00-170.00; 90-110 lbs 135.00.
  South Dakota:   hair 95 lbs 150.00.
  Billings, MT:   no test.
Direct Trading:   (lambs fob with 3-4 percent shrink or equivalent)
            4800: Slaughter Lambs shorn and wooled 114-200 lbs 132.00-
                  168.00 (wtd avg 156.37).
Slaughter Ewes:
  San Angelo:   Good 3-4 (very fleshy) no test; Good 2-3 (fleshy)
                47.00-62.00; Utility and Good 1-3 (medium flesh) 62.00-
                73.00, few 76.00; Utility 1-2 (thin) 50.00-62.00; Cull
                and Utility 1-2 (very thin) 40.00-50.00; Cull 1 (extremely
                thin) 20.00-40.00.
  Pennsylvania: Good 3-4 (very fleshy) no test; Good 2-3 (fleshy)
                70.00-100.00; Utility 1-2 (thin) 55.00-70.00; Cull 1
                no test.
  Virginia:     Good 2-4 72.00-80.00.
  Ft. Collins:  Good 3-5 (very fleshy) 56.00-57.00; Good 2-3 (fleshy)
                52.50-65.00; Utility 1-2 (thin) 32.00-41.00; 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) 56.00-63.00; Good 2-3 (fleshy)
                40.00-55.00; Utility 1-2 (thin) 31.00-44.00; Cull 1
                10.00-26.00.
  Missouri:     Utility and Good 1-3 52.00-75.00; Cull and Utility 1-2
                40.00-55.00.
  Kalona:       Good 3-4 (very fleshy) no test; Good 2-3 (fleshy)
                51.00-58.00; Utility and Good 1-3 (medium flesh) 40.00-
                47.50; Utility 1-2 (thin) 40.00-45.00; Cull and Utility
                1-2 (very thin) 26.00.
Feeder Lambs:   Medium and Large 1-2:
  San Angelo:   48 lbs 202.00; 60-70 lbs 170.00; 70-90 lbs 155.00-168.00;
                90-100 lbs 147.00-154.00.
  Virginia:     no test.
  Ft. Collins:  44 lbs 162.50.
  Billings:     no test.
  Kalona:       45 lbs 147.50; 67 lbs 165.00; 98 lbs 149.00.
  So. Dakota:   60-70 lbs 160.00-164.00; 71 lbs 167.00; 81 lbs 171.00.
  Missouri:     no test.
Replacement Ewes:  Medium and Large 1-2:
  San Angelo:   hair ewe lambs 90-100 lbs 134.50-144.00 cwt, 111 lbs
                150.00; mixed age hair ewes 80-140 lbs 80.00-112.00 cwt.
  Ft. Collins:  ewes with lambs 135.00-180.00 per family.
  Billings:     no test.
  So Dakota:    young to middle age 170.00-200.00 per head, others 195
                lbs 74.00 cwt.
  Kalona, IA:   ewe lambs 42 lbs 153.00 cwt.
  Missouri:     yearling hair ewes 165.00 per head.
  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 40,000 compared with 39,000 last week and 35,000 last year.

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