GL_LS850 Greeley, CO Fri May 17, 2013 USDA- CO Dept of Ag Market News National Wool Review Domestic wool trading on a clean basis was moderate this week. There was no confirmed sales this week. Demand moderate. Domestic clean wool and confirmed trades are reported on a weighted average basis. 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 5.47 None 19 70-80s None None None 20 64-70s 4.03 4.49 None 21 64s 3.98 3.97 4.07 22 62s 3.85 3.89 None 23 60-62s 3.25 3.86 4.08 24 60s 3.15 3.32 None 25 58s 2.84 3.05 None 26 56-58s None None None 27 54-56s None None NA 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 moderate this week. There was No confirmed sales 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 .45-.50 .30-.40 .15-.25 The FSA effective LDP rate for wool is unchanged at .00 per pound. The FSA effective LDP rate for mohair is unchanged at .00 per pound. In Australia this week the Eastern Market Indicator was up 30 at 1022 cents per Kg clean from last week. A total of 34,617 bales were offered with sales of 96.0 percent. The Australian exchange rate was stronger by .0355 at .9881 percent of the U.S. dollar. The sale next week has a total offering of 35,097 bales. 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 Last Weeks of Australia 18 80s 5.66 + .01 4.24-4.81 19 70-80s 5.51 + .05 4.13-4.68 20 64-70s 5.27 - .01 3.95-4.48 21 64s 5.23 - .02 3.92-4.45 22 62s 5.22 + .02 3.91-4.43 23 60-62s 5.16 + .04 3.87-4.38 24 60s 4.70 + .09 3.53-4.00 25 58s 4.06 - .10 3.05-3.45 26 56-58s 3.76 + .03 2.82-3.19 28 54s 2.78 - .09 2.08-2.36 30 50s 2.60 - .06 1.95-2.21 32 46-48s 2.23 - .09 1.68-1.90 Merino Clippings 3.46 - .11 2.59-2.94 Eastern Market Indicator closed up 30 at 1022 cents per kg clean. The Australian exchange rate was stronger by .0355 at .9881 percent of the U.S. dollar. Source: USDA- CO Dept of Ag Market News Service, Greeley, CO Randy Hammerstrom, Market Reporter (970)353-9750 24 Hour Market Report (970)353-8031 www.ams.usda.gov/mnreports/GL_LS850.txt 1000c rlh