National Wool Review
April 5
Domestic wool trading on a clean basis was slow this week.  There were 62,000 
lbs of 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            5.72            None 
23        60-62s            None            None            None 
24        60s               None            5.32            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 slow this week. There were 146,000 
lbs of confirmed trades reported.  All trades reported on a weighted average.

   Territory States Ewe Wool:  70-75mm 23 micron 2.37.  
   Lamb Wool:  55-60mm 21 micron 1.50; 55-60mm 24 micron 0.85; 55-60mm 26 micron 
0.65.
  
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 4 at 1943 cents 
per Kg clean from the sale a week ago.  A total of 37,454 bales were offered 
with sales of 87.2 percent.  The Australian exchange rate was weaker by .0021 
at .7118 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               7.88            + .01         5.91-6.70
  19      70-80s            7.56            - .01         5.67-6.42 
  20      64-70s            7.46            - .04         5.60-6.34
  21      64s               7.45            - .01         5.59-6.33
  22      62s               7.42            + .02         5.56-6.31  
  23      60-62s            ----            -----         ---------
  24      60s               ----            -----         ---------
  25      58s               5.41            + .11         4.05-4.60 
  26      56-58s            4.84            + .09         3.63-4.11
  28      54s               4.04            + .10         3.03-3.43
  30      50s               3.26            + .07         2.44-2.77
  32      46-48s            2.20            + .03         1.65-1.87
  Merino Clippings          3.73            - .04         2.80-3.17

Eastern Market Indicator was down 4 at 1943 cents per kg clean. Australian 
exchange rate was weaker by .0021 at .7118 percent of the U.S. dollar.
National Sheep Summary
April 5
Compared to last week: Saughter lambs mostly steady to
30.00 lower.  The exceptions were New Holland, PA and Sioux Falls, SD
where they were steady to 15.00 higher.  Slaughter ewes were weak 
to 15.00 lower, except at New Holland 10.00-15.00 higher. No good comparison on feeder lambs. At San Angelo, TX 8723 head sold. No sales in Equity Electronic Auction. In direct trading slaughter ewes and feeder lambs were not tested. 5600 head of negotiated sales of slaughter lambs were 5.00 higher. 3,942 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 110-185 lbs 120.00-140.00. VA: wooled 110-130 lbs 177.00-190.00. PA: shorn and wooled 90-110 lbs 237.00-265.00, few 265.00- 285.00; 110-130 lbs 220.00-240.00; 130-150 lbs 195.00- 230.00; 150-200 lbs 175.00-190.00. Ft.Collins, CO: wooled 110-125 lbs 155.00-175.00. South Dakota: shorn and wooled 100-110 lbs 160.00-167.00; 110-115 lbs 159.00-172.00; 130-150 lbs 149.00-162.00. Kalona, IA: wooled 120-125 lbs 158.00-163.00; 130-150 lbs 150.00- 157.00; 156 lbs 149.00. Billings, MT: no test. Missouri: no test. Equity Elec: no sales. Slaughter Lambs: Choice and Prime 1-2: San Angelo: 40-60 lbs 170.00-184.00, few 188.00; 60-70 lbs 150.00- 166.00, few 170.00-176.00; 70-80 lbs 132.00-150.00, few 152.00-156.00; 80-90 lbs 130.00-146.00, few 154.00; 90- 110 lbs 130.00-146.00. Pennsylvania: 40-50 lbs 225.00-260.00, few 265.00-270.00; 50-60 lbs 212.00-255.00; 60-70 lbs 210.00-245.00, few 255.00- 277.00; 70-80 lbs 200.00-240.00, few 240.00-250.00; 80- 90 lbs 185.00-240.00, few 245.00-265.00; 90-110 lbs 215.00-225.00. Kalona, IA: 30-50 lbs 177.50-225.00; 50-60 lbs 182.00-213.00; 60-70 lbs 177.50-192.50; 70-80 lbs 167.50-180.00; 80-90 lbs 180.00-184.00; 90-110 lbs 165.00-184.00. Ft. Collins: 60-70 lbs 202.50-212.50; 70-80 lbs 205.00-217.50. Missouri: no test. Virginia: 30-60 lbs 220.00-232.50; 60-80 lbs 212.00-235.00; 80- 110 lbs 215.00-222.50. South Dakota: 90 lbs 190.00. Billings, MT: no test. Direct Trading: (lambs fob with 3-4 percent shrink or equivalent) 5600: Slaughter Lambs shorn and wooled 113-182 lbs 125.00- 165.00 (wtd avg 151.43). Slaughter Ewes: San Angelo: Good 3-4 (very fleshy) no test; Good 2-3 (fleshy) 60.00- 74.00; Utility and Good 1-3 (medium flesh) 70.00-82.00; Utility 1-2 (thin) 60.00-65.00; Cull and Utility 1-2 (very thin) 50.00-58.00; Cull 1 (extremely thin) 31.00-42.00. Pennsylvania: Good 3-4 (very fleshy) no test; Good 2-3 (fleshy) 70.00-105.00; Utility 1-2 (thin) 60.00-82.00; Cull 1 no test. Ft. Collins: Good 3-5 (very fleshy) 62.50-70.00; Good 2-3 (fleshy) 56.00-65.00; Utility 1-2 (thin) 32.50-34.00; 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) 31.00-45.00; Good 2-3 (fleshy) 34.00-45.00; Utility 1-2 (thin) 35.00-44.00; Cull 1 21.00- 35.00. Missouri: Utility and Good 1-3 (medium flesh) no test. Virginia: Good 2-4 93.00-103.00; Utility 1-2 40.00-91.00. Kalona: Good 3-4 (very fleshy) 62.50-90.00; Good 2-3 (fleshy) 52.50-67.50; Utility and Good 1-3 (medium flesh) 47.50- 60.00; Utility 1-2 (thin) 37.50-56.00; Cull and Utility 1-2 (very thin) no test; Cull 1 no test. Feeder Lambs: Medium and Large 1-2: San Angelo: 60-70 lbs 180.00-182.00; 70-90 lbs 172.00-182.00; 90-105 lbs 150.00-166.00; 130 lbs 158.00. Virginia: no test. Ft. Collins: no test. Billings: no test. Kalona: no test. So Dakota: 40-50 lbs 270.00; 50-60 lbs 230.00-260.00; 60-70 lbs 190.00-234.00; 76 lbs 182.00; 80-90 lbs 177.50-205.00; 124 lbs 165.00. Missouri: no test. Replacement Ewes: Medium and Large 1-2: San Angelo: mixed age hair ewes 80-130 lbs 85.00-118.00 cwt; hair ewes and lambs 60.00-100.00 per head. Ft. Collins: no test. Billings: no test. So Dakota: yearlings 230.00 per head; baby tooth 160.00-250.00 per head; bred baby tooth to solid mouth 130.00-225.00 per head; solid to broken mouth 130.00-185.00 per head; aged ewes 100.00-161.00 per head. 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 42,000 compared with 43,000 last week and 44,000 last year.

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