GL_LS850 Greeley, CO Fri Oct 10, 2008 USDA-CO Dept of Ag Market News National Wool Review Domestic wool trading on a clean basis was at a standstill this week. With no confirmed sales this week. Demand light to moderate. 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. 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. None None 20 70’S None None None 21 64-70’S None None None 22 64’S None None None 23 62’S None None None 24 60-62’S None None None 25 58’S None None None 26 56-58’S None None None 27 56’S None None N.A. 28 54’S None None N.A. 29 50-54’S None None N.A. 30-34 46-50’S None None 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 very slow this week. With 20,000 lbs of confirmed sales this week. Demand light to moderate. TX lamb wool OB BI 38-50 mm 20 micron .78 white face, cross bred .58. FSA Wool LDP payment unchanged at .16 per pound net grower on a greasy basis. This week’s Mohair LDP up .09 at 1.40 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. With no confirmed sales this week. Demand moderate. South Africa held the fourth mohair sale of the winter season. Values for kids increased, young goats increased, and adult increased. A total of 427,552 lbs were offered, with a clearance of 91.1 percent. The Exchange rate of the Rand to U.S. dollar was at 8.83. The next sale will be held on October 28, 2008. In U.S. $ per lb: All Averages Micron Average Change Kids 7.44 + .64 Young Goat 2.82 + .12 Fine Adult 2.68 + .12 Strong Adult 2.60 - .01 Kids Medium Length Micron Low Change High Change Average Change Under 26 7.71 -1.39 15.67 +2.66 10.55 - .85 26-28 6.68 + .06 13.61 +1.19 9.35 + .46 Over 28 3.49 + .02 5.14 - .37 4.03 - .31 Young Goat Medium Length Micron Low Change High Change Average Change Under 30 3.26 + .07 4.88 + .86 3.73 - .02 30-32 2.68 - .10 3.85 + .26 3.21 + .11 Over 30 2.56 + .02 2.93 - .38 2.74 - .15 Adult Medium Length Micron Low Change High Change Average Change Under 34 2.57 - .08 3.03 + .16 2.88 + .10 34-36 2.57 - .08 2.98 + .06 2.75 + .03 36-38 2.57 - .08 2.98 + .11 2.75 + .01 Over 38 2.57 - .08 3.02 + .12 2.74 + .05 In Australia this week the Eastern Market Indicator was up 10 at 868 cents per Kg clean from last week. A total of 56,076 bales were offered with sales of 85.7 percent. Next week’s will offerings totaling 53,619 bales. The current exchange rate is .6910 percent of the U.S. dollar. Correction to the last reported exchange rate it was actually .7890 percent not .7895 percent. 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 4.55 - .63 19 80’s 3.64 - .38 20 70’s 2.88 - .36 21 64-70’s 2.71 - .34 22 64’s 2.61 - .35 23 62’s 2.56 - .36 24 60-62’s 2.49 - .31 25 58’s 2.37 - .33 26 56-58’s 2.20 - .24 28 54’s 1.78 - .15 30 50’s 1.50 - .08 Merino Clippings 1.59 - .14 EMI closed at 868 cents per kg clean Australian Exchange rate to U.S. $ is .6910 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 0715M rlh