GL_LS850 Greeley, CO Fri Mar 10, 2023 USDA- CO Dept of Ag Market News *** NOTICE: As Market News transitions reports to the MARS platform and My Market News, report formats will be converted from a text version to a more user-friendly and accessible PDF format. In the next few weeks, this report will move to the new platform and will be accessible at: https://www.ams.usda.gov/mnreports/AMS_2911.pdf. If you would like to learn more about MARS and My Market News, please contact us at Websupport.lpgmn@ams.usda.gov *** National Wool Review Domestic wool trading on a clean basis had no confirmed trades reported this week. 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 17 > 80s None None None 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 had no confirmed trades this week. 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 .20-.30 .10-.20 .01-.05 In Australia this week, the Eastern Market Indicator was down 10 cents at 1358 cents per Kg clean from the sale a week ago. A total of 47,915 bales were offered with sales of 87.0 percent. The Australian exchange rate was stronger by .0156 at .6589 percent of the U.S. dollar. Australian wool prices are quoted US Dollar per pound, 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 17 > 80s 7.26 - .18 5.45-6.17 18 80s 6.17 - .15 4.63-5.25 19 70-80s 5.22 - .19 3.91-4.44 20 64-70s 4.73 - .17 3.55-4.02 21 64s 4.48 - .17 3.36-3.81 22 62s 4.33 - .04 3.25-3.68 23 60-62s 4.09 - .12 3.06-3.47 24 60s ---- ----- --------- 25 58s ---- ----- --------- 26 56-58s 1.86 - .11 1.40-1.58 28 54s 1.22 - .01 0.92-1.04 30 50s 1.14 - .01 0.85-0.97 32 46-48s 0.88 - .09 0.66-0.74 Merino Clippings 2.86 - .11 2.15-2.43 Eastern Market Indicator was down 10 cents at 1358 cents per kg clean. Australian exchange rate was stronger by .0156 at .6589 percent of the U.S. dollar. Source: USDA- CO Dept of Ag Market News Service, Greeley, CO Chris Dias, Market Reporter (970)353-9750 www.ams.usda.gov/mnreports/GL_LS850.txt 1300m crd