GL_LS850 Greeley, CO Fri May 10, 2019 USDA- CO Dept of Ag Market News National Wool Review Domestic wool trading on a clean basis was very active this week. There were 824,333 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 6.61 None 19 70-80s None 6.54 None 20 64-70s 6.29 6.41 None 21 64s None 6.28 None 22 62s 5.79 6.12 None 23 60-62s 5.40 5.74 None 24 60s 5.11 5.13 None 25 58s None 4.23 None 26 56-58s None 3.54 None 27 54-56s None 3.08 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 active this week. There were 439,474 lbs of confirmed trades reported. All trades reported on a weighted average. Territory States Ewe Wool: 65-70mm 20 micron 3.06; 65-70mm 21 micron 3.05; 65-70mm 22 micron 2.97; 60-70mm 23 micron 2.51; 60-70mm 24 micron 2.47; 60-65mm 25 micron 1.85; 50-55mm 29 micron 0.46; 60-65mm 32 micron black wool 0.25. Yearling Wool: 70-75mm 19 micron 3.87; 60-70mm 20 micron 3.33; 60-70mm 21 micron 3.31; 60-65mm 23 micron 2.87; 50-55mm 24 micron 1.17. Bellies: 50-55mm 22 micron 0.96; 60-65mm 26 micron 0.85. Pieces: 40-45mm 21 micron 1.02; 40-45mm 24 micron 0.70; 40-45mm 26 micron 0.50. 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 8 at 1952 cents per Kg clean from the sale a week ago. A total of 32,801 bales were offered with sales of 87.1 percent. The Australian exchange rate was stronger by .0047 at .6974 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 7.68 - .11 5.76-6.53 19 70-80s 7.37 - .12 5.53-6.27 20 64-70s 7.28 - .11 5.46-6.19 21 64s 7.26 - .10 5.44-6.17 22 62s 7.22 - .06 5.42-6.14 23 60-62s ---- ----- --------- 24 60s ---- ----- --------- 25 58s ---- ----- --------- 26 56-58s 4.97 - .00 3.73-4.22 28 54s 4.34 + .03 3.25-3.68 30 50s 3.33 - .02 2.50-2.83 32 46-48s 2.24 - .01 1.68-1.90 Merino Clippings 3.60 - .02 2.70-3.06 Eastern Market Indicator was down 8 at 1952 cents per kg clean. Australian exchange rate was stronger by .0047 at .6974 percent of the U.S. dollar. Source: USDA- CO Dept of Ag Market News Service, Greeley, CO Chris Dias, Market Reporter (970)353-9750 24 Hour Market Report (970)353-8031 www.ams.usda.gov/mnreports/GL_LS850.txt 0830m crd