National Wool Review
Feb. 8
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 10 at 1944 cents 
per Kg clean from the sale a week ago.  A total of 39,894 bales were offered 
with sales of 93.0 percent.  The Australian exchange rate was stronger by .0168 
at .7099 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               8.06            - .13         6.04-6.68
  19      70-80s            7.59            - .13         5.69-6.45 
  20      64-70s            7.46            - .15         5.60-6.34
  21      64s               7.43            - .09         5.57-6.31
  22      62s               7.34            - .14         5.51-6.24  
  23      60-62s            7.34            - .13         5.50-6.24
  24      60s               6.41            - .05         4.80-5.45
  25      58s               5.03            - .08         3.77-4.27 
  26      56-58s            4.47            - .09         3.35-3.80
  28      54s               3.53            - .01         2.65-3.00
  30      50s               3.01            + .08         2.26-2.56
  32      46-48s            1.80            - .03         1.35-1.53
  Merino Clippings          3.81            - .11         2.86-3.24
National Sheep Summary
Feb. 8
Weekly Trends:  Compared to last week slaughter lambs were steady to
10.00 lower.  Slaughter ewes were steady to 4.00 lower.  Feeder lambs
were not well tested.  Numerous sales continue to be affected by adverse
weather this week.  At San Angelo, TX 3885 head sold.  No sales in Equity
Electronic Auction.  In direct trading slaughter ewes and feeder lambs
were not tested.  2500 head of negotiated sales of slaughter lambs were
2.00 lower.  2,601 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 100-140 lbs 128.00-142.00.
  VA:             no test.
  PA:             shorn and wooled 90-110 lbs 195.00-230.00; 110-130 lbs
                  160.00-215.00; 130-150 lbs 140.00-170.00; 150-200 lbs
                  135.00-152.00.
  Ft.Collins, CO: wooled 125 lbs 160.00; 130-140 lbs 122.50-132.50.
  South Dakota:   shorn and wooled 100-130 lbs 130.00-137.00; 130-150 lbs
                  126.00-132.50.
  Kalona, IA:     wooled 120-165 lbs 135.00-142.50.
  Billings, MT:   no test.
  Missouri:       no test.
  Equity Elec:    no sales.
Slaughter Lambs:  Choice and Prime 1-2:
  San Angelo:     40-60 lbs 258.00-276.00; 60-70 lbs 230.00-256.00; 70-80
                  lbs 222.00-235.00, few 240.00; 80-90 lbs 190.00-220.00;
                  90-100 lbs 190.00-216.00.
  Pennsylvania:   40-50 lbs 260.00-300.00, few 340.00-350.00; 50-60 lbs
                  265.00-290.00, few 310.00-340.00; 60-70 lbs 250.00-
                  280.00, few 305.00-357.00; 70-80 lbs 215.00-255.00; 80-
                  90 lbs 190.00-227.00; 90-110 lbs 200.00-220.00.
  Kalona, IA:     50-60 lbs 270.00-277.50; 60-70 lbs 227.50-240.00; 70-80
                  lbs 207.50-227.50; 80-85 lbs 210.00-220.00; 97 lbs
                  185.00.
  Ft. Collins:    40-60 lbs 210.00-230.00; 70-75 lbs 200.00-210.00.
  Missouri:       40-65 lbs 275.00-280.00.
  Virginia:       no test.
  South Dakota:   40 lbs 234.00; 65-70 lbs 210.00-212.00; 87 lbs 180.00;
                  90-100 lbs 160.00-175.00.
  Billings, MT:   no test.
Direct Trading:   (lambs fob with 3-4 percent shrink or equivalent)
            2500: Slaughter Lambs shorn and wooled 150-181 lbs 125.00-
                  137.82 (wtd avg 130.04).
  TX:       1350: Slaughter Lambs shown show lambs 140 lbs 136.08.
Slaughter Ewes:
  San Angelo:   Good 3-4 (very fleshy) no test; Good 2-3 (fleshy) 70.00-
                79.00; Utility and Good 1-3 (medium flesh) 78.00-85.00,
                high-yielding 88.00-95.00; Utility 1-2 (thin) 70.00-
                75.00; Cull and Utility 1-2 (very thin) 60.00-62.00;
                Cull 1 (extremely thin) 50.00.
  Pennsylvania: Good 3-4 (very fleshy) no test; Good 2-3 (fleshy)
                60.00-120.00; Utility 1-2 (thin) 50.00-77.00; Cull 1
                no test.
  Ft. Collins:  Good 3-5 (very fleshy) 75.00-85.00; Good 2-3 (fleshy)
                56.00-65.00; Utility 1-2 (thin) 31.00-40.00; 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) 54.00-67.00; Good 2-3 (fleshy)
                48.00-61.00; Utility and Good 1-3 (medium flesh) 54.00-
                57.00; Utility 1-2 (thin) 40.00-50.00; Cull 1 21.00-
                31.00.
  Missouri:     Good 2-3 55.00-80.00.
  Virginia:     Good 2-4 no test.
  Kalona:       Good 3-4 (very fleshy) no test; Good 2-3 (fleshy)
                70.00-85.00; Utility and Good 1-3 (medium flesh) 67.50-
                75.00; Utility 1-2 (thin) 42.50-62.50; Cull and Utility
                1-2 (very thin) 27.50-37.50; Cull 1 15.00.
Feeder Lambs:   Medium and Large 1-2:
  San Angelo:   70-80 lbs 190.00; 80 lbs 180.00; 90 lbs 154.00.
  Virginia:     no test.
  Ft. Collins:  no test.
  Billings:     no test.
  Kalona:       no test.
  So Dakota:    no test.
  Missouri:     30-45 lbs 240.00-252.50.
Replacement Ewes:  Medium and Large 1-2:
  San Angelo:   mixed age hair ewes 80-130 lbs 86.00-120.00 cwt.
  Ft. Collins:  no test.
  Billings:     no test.
  So Dakota:    bred baby tooth to solid mouth 120.00-160.00 per head;
                bred solid to broken mouth 100.00-105.00 per head; solid
                mouth 80-155 lbs 67.50-87.50 cwt.
  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 39,000 compared with 36,000 last week and 36,000 last year.

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