GL_LS850 Greeley, CO Fri May 09, 2008 USDA-CO Dept of Ag Market News National Wool Review Domestic wool trading on a clean basis was active this week. With 752,701 lbs of confirmed sales this week. Demand moderate to good. California lots reported under Fleece states. Demand for lots sold at the Roswell sale demand good with many lots bringing around 80 percent of Australia. Weighted Average Clean Wool Prices for this week Prices reflect FOB warehouse sales for Original Bag, Bellies Out wool (some graded), in square packs, 76 mm or longer this week. No allowance made for coring, freight or handling fees at the warehouse level to reflect net grower prices. ** Indicates new Price this week ** Micron U.S. Fleece Territory Texas/ GRADE States States N.M 18 80’S N.A None None 19 80’S N.A. 3.78* 3.46* 20 70’S 3.15* 3.40* 3.43* 21 64-70’S 3.17* 3.45* 3.39* 22 64’S 3.00* 3.19* 3.28* 23 62’S 2.94* 2.96* 3.20* 24 60-62’S 2.67* 2.66* None 25 58’S 2.22 2.35* None 26 56-58’S None 2.19* None 27 56’S None 1.86 N.A. 28 54’S None 1.26 N.A. 29 50-54’S None None N.A. 30-34 46-50’S .99 .83 N.A. (N.A. – microns normally not available in this area). Wool less than 75 mm discounted .10-.20 clean. Classed and skirted wools usually .10-.20 premium to OB prices. Greasy wool trading was at a standstill this week. With 683,953 lbs of confirmed sales this week. Demand moderate. Ewe wools mostly BO in Packs and quoted with a weighted average: Fleece States 20 micron 1.46; 21 micron 1.45; 22 micron 1.43; 23 micron 1.42; 24 micron 1.40; 25 micron 1.38. Territory States 20 micron 2.31; 21 micron 1.66; 22 micron 1.60; 23 micron 1.59; 24 micron 1.35; 25 micron 1.09; 26 micron 1.10; 28 micron .93. New Mexico and Texas 19 micron 1.75; 20 micron 1.60; 21 micron 1.59; 22 micron 1.48. Yearling wools mostly BO in Packs and quoted with a weighted average: Fleece States 19 micron 1.85; 20 micron 1.79; 21 micron 1.55; 22 micron 1.39; 23 micron 1.11. Territory states 20 micron 1.49; 22 micron. New Mexico and Texas 18 micron 1.95; 19 micron 1.64; 20 micron 1.69. Bellies and Tags: Fleece States bellies .63 and tags .39. Territory States bellies .87-1.13 and tags .49-.57. New Mexico and Texas bellies .95-1.21 and tags .44-.61. Black Face 50-76 mm .54-.64; 25-50 mm .45-.48; less than 25 mm .28. Black Face Cross 50-76 mm .64-.69; 38-50 mm .58. FSA Wool LDP payment up .05 at .20 per pound net grower on a greasy basis. This week’s Mohair LDP unchanged at .71 per pound. Domestic Wool Tags - delivered to buyer, greasy basis: # 1 .40 # 2 .20-.25 # 3 .10 Mohair trading was at a standstill this week following last week’s moderate trade. Demand moderate. In Australia this week the Eastern Market Indicator was down 20 at 884 cents per Kg clean from last week. A total of 48,646 bales were offered with sales of 79.1 percent. Next week’s will offerings totaling 50,806 bales. The current exchange rate is .9405 percent of the U.S. dollar. Australian Wool Sales - Prices Delivered Charleston S.C. All Schlumberger dry basis. Micron US Grade Clean Del Price Change from in U.S. Dollars last week 18 80’s 6.23 - .01 19 80’s 4.99 - .11 20 70’s 4.13 - .10 21 64-70’s 3.89 - .06 22 64’s 3.82 - .06 23 62’s 3.71 - .06 24 60-62’s 3.41 - .05 25 58’s 2.88 - .02 26 56-58’s 2.73 + .05 28 54’s 1.94 + .01 30 50’s 1.63 + .01 Merino Clippings 1.99 + .01 EMI closed at 884 cents per kg clean Australian Exchange rate to U.S. $ is .9405 Source: USDA-CO Dept of Ag Market News Service – Greeley, CO Randy Hammerstrom Market News Reporter 970-353-9750/ Broadcast: 970-353-8031 www.ams.usda.gov/mnreports/GL_LS850.txt 0830M rlh .