National Wool Review
March 22
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 down 16 at 1963 cents 
per Kg clean from the sale a week ago.  A total of 43,129 bales were offered 
with sales of 89.7 percent.  The Australian exchange rate was weaker by .0085 
at .7145 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               7.99            + .08         5.99-6.79
  19      70-80s            7.68            + .06         5.76-6.53 
  20      64-70s            7.57            + .05         5.68-6.44
  21      64s               7.55            + .09         5.66-6.42
  22      62s               7.52            + .05         5.64-6.39  
  23      60-62s            7.46            -----         5.60-6.34
  24      60s               ----            -----         ---------
  25      58s               ----            -----         --------- 
  26      56-58s            4.71            + .04         3.53-4.01
  28      54s               3.92            + .12         2.94-3.33
  30      50s               3.16            + .06         2.37-2.69
  32      46-48s            2.12            + .07         1.59-1.80
  Merino Clippings          3.91            - .12         2.94-3.33

Eastern Market Indicator was down 16 at 1963 cents per kg clean. Australian 
exchange rate was weaker by .0085 at .7145 percent of the U.S. dollar.
National Sheep Summary
March 22
Compared to last week slaughter lambs under 110 lbs
were 10.00-45.00 lower, heavier weights steady to 10.00 higher.  slaughter
ewes were weak to 6.00 lower.  Feeder lambs were not well tested.  At San
Angelo, TX 7382 head sold.  Equity Electronic Auction sold 340 slaughter
lambs in North Dakota.  In direct trading slaughter ewes and feeder lambs
were not tested.  3400 head of negotiated sales of slaughter lambs were
steady.  3,843 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 130.00-146.00, few 150.00.
  VA:             wooled 110-125 lbs 241.00.
  PA:             shorn and wooled 90-110 lbs 265.00-277.00; 110-130 lbs
                  250.00-270.00; 130-150 lbs 230.00-255.00; 150-200 lbs
                  215.00-220.00.
  Ft.Collins, CO: wooled 120-125 lbs 167.50-172.50.
  South Dakota:   shorn and wooled 110-130 lbs 149.00-161.00; 130-155 lbs
                  145.00-153.00.
  Kalona, IA:     wooled 120-125 lbs 152.00-170.00; 130-150 lbs 149.00-
                  160.00.
  Billings, MT:   no test.
  Missouri:       no test.
  Equity Elec:    145 lbs 162.25.
Slaughter Lambs:  Choice and Prime 1-2:
  San Angelo:     40-60 lbs 220.00-233.00, few 236.00-238.00; 60-70 lbs
                  212.00-226.00; 70-80 lbs 194.00-212.00; 80-90 lbs
                  174.00-198.00, few 204.00-212.00; 90-110 lbs 170.00-
                  188.00.
  Pennsylvania:   40-50 lbs 250.00-280.00, few 280.00-325.00; 50-60 lbs
                  250.00-275.00, few 285.00-300.00; 60-70 lbs 245.00-
                  275.00; 70-80 lbs 237.00-270.00, few 280.00-295.00; 80-
                  90 lbs 250.00-280.00, few 315.00; 90-110 lbs 250.00-
                  257.00.
  Kalona, IA:     30-60 lbs 220.00-245.00; 60-70 lbs 217.50-232.50; 70-80
                  lbs 190.00-227.50; 80-90 lbs 192.50-226.00; 90-110 lbs
                  169.00-185.00.
  Ft. Collins:    40-60 lbs 195.00-225.00; 60-70 lbs 210.00-222.50; 70-90
                  lbs 200.00-212.50; 90-105 lbs 200.00-212.50.
  Missouri:       40-75 lbs 205.00-260.00.
  Virginia:       30-60 lbs 167.00-252.00; 60-80 lbs 250.00-257.50; 80-
                  110 lbs 215.00-242.50.
  South Dakota:   47 lbs 230.00; 73 lbs 220.00.
  Billings, MT:   no test.
Direct Trading:   (lambs fob with 3-4 percent shrink or equivalent)
            3400: Slaughter Lambs shorn and wooled 127-180 lbs 125.00-
                  155.43 (wtd avg 140.93).
Slaughter Ewes:
  San Angelo:   Good 3-4 (very fleshy) no test; Good 2-3 (fleshy) 65.00-
                75.00; Utility and Good 1-3 (medium flesh) 80.00-92.00,
                high-yielding 94.00-100.00; Utility 1-2 (thin) 70.00-
                78.00; Cull and Utility 1-2 (very thin) 54.00-66.00;
                Cull 1 (extremely thin) 46.00-50.00.
  Pennsylvania: Good 3-4 (very fleshy) no test; Good 2-3 (fleshy)
                60.00-110.00; Utility 1-2 (thin) 55.00-90.00; Cull 1
                no test.
  Ft. Collins:  Good 3-5 (very fleshy) 72.50-82.50; Good 2-3 (fleshy)
                67.50-77.50; Utility 1-2 (thin) 42.00-52.50; 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) 46.0057.50; Good 2-3 (fleshy)
                46.00-55.00; Utility and Good 1-3 (medium flesh) 54.00-
                56.00; Utility 1-2 (thin) 41.00-55.00; Cull 1 25.00-
                37.50.
  Missouri:     Utility and Good 1-3 (medium flesh) 70.00-85.00; Cull and
                Utility 1-2 50.00.
  Virginia:     Good 2-4 85.00-102.50; Utility 1-2 55.00; Cull 1 40.00.
  Kalona:       Good 3-4 (very fleshy) no test; Good 2-3 (fleshy)
                65.00-96.00; Utility and Good 1-3 (medium flesh) 65.00-
                85.00; Utility 1-2 (thin) 57.50-66.00; Cull and Utility
                1-2 (very thin) no test; Cull 1 no test.
Feeder Lambs:   Medium and Large 1-2:
  San Angelo:   57 lbs 216.00; 90 lbs 171.00.
  Virginia:     no test.
  Ft. Collins:  no test.
  Billings:     no test.
  Kalona:       no test.
  So Dakota:    48 lbs 240.00.
  Missouri:     25-40 lbs 197.00-215.00.
Replacement Ewes:  Medium and Large 1-2:
  San Angelo:   mixed age hair ewes 80-130 lbs 86.00-136.00 cwt.
  Ft. Collins:  no test.
  Billings:     no test.
  So Dakota:    bred baby tooth to solid mouth 180.00 per head; bred solid
                mouth 160.00 per head; bred solid mouth to aged 92.50-
                160.00 per head; baby tooth 165 lbs 77.00 cwt; solid
                mouth 145-225 lbs 49.00-68.00 cwt.
  Kalona, IA:   no test.
  Missouri:     mixed age 115-125 lbs 145.00-147.50 cwt.
  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 35,000 last week and 44,000 last year.

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