Lawrence Hall Chevrolet-Olds-Buick
Columnists
Markets
Hindsight
Weather
Cartoon
Buyer's Dir.
Hotlinks
Archives
Classifieds
Advertise
Web Traffic
Subscribe
Email Us
Home
 


Domestic Wool Slow, Aussies 
Up, S. African Mohair Higher

GREELEY, Colo. —(USDA)— Trading on domestic wool remained slow last week as weather interrupted shearing in many areas with snow, ice or muddy conditions. Demand was moderate to good.

In Territory trading, Montana sold 8000 pounds of 24-25 micron, original bag, bellies out and untied, 3-3.5 inch, high yielding at $1.20 f.o.b. grease; Colorado, 54,000 pounds lamb wool, 19-22 micron 2-2.75 inch, high yielding, $.90-1 f.o.b., 1.5-2 inch $.50-.80, crossbred/blackface 24-28 micron 2-3 inch $.45-.50; Wyoming, 15,000 pounds mostly 24-24.5 micron, OB, BOU, 3-3.25 inch (76-83 mm), high yielding, choice style, (includes 300 head yearling 21-22 micron) $1.12, tags $.15 and bellies $.40.

A Roswell, N.M., warehouse sale offering 350,000 pounds of older, mixed style, usually shorter length and lower yielding wool, sold 80 percent. Trading was moderate and demand moderate to fairly good. The undertone was higher. A few 12-month OB, BI, 21-22.5 micron, three-inch plus wools were $1-1.12 f.o.b. the warehouse with no adjustment for freight or handling charges, blackface 30-34 micron $.55, lamb wool, OB, BOU, 19-22 micron, 1.75-2.25 inch, few to 2.5 inch $.85-1.03, mostly $.90-1.01, lot 2.75 inch $1.0425, lot 23.5 micron $.85, 19-22 micron 1.5-2 inch $.51-.85, 23-26 micron $.54-.70, 28-30 micron $.58.

Australian markets closed the week higher, the eastern market indicator up 15 at 787A cents per kilo clean. A total of 61,571 bales were offered with sales at 90 percent. All prices are in U.S. dollars per pound f.o.b. Sydney. The 21 micron grease wool contracts for April were up two at $2.99, June up five at $3.02, August up 12 at $3.03, October up seven at $3.01, December up five at $3.01, and February 2005 $3.02. The 19 micron clean wool contracts for April were up one at $3.36, June down 2 at $3.39, August unchanged at $3.44, and October $3.47. The 23 micron clean wool contracts for April were up four at $2.71, June up three at $2.70, August up seven at $2.71, and October $2.68. The Australian dollar was .7518 U.S. compared to .6127 last year, an increase of 23 percent from last year but 10 percent lower than the past few weeks. Last year’s market indicator was 1086A cents per kilo clean.

Texas mohair trading remains slow under moderate demand. On sales totaling 15,000 pounds, OB, fine fall kid hair was $5.50, adult $1.42 f.o.b. the warehouse.

South Africa’s second Cape mohair sale of the season saw positive results on all classes. A major factor was the increased quality and length of hair. Adult hair advanced 3-4 percent and kid hair advanced 12 percent, both despite an advancing currency market on the rand. All kid hair averaged $7.60 U.S. per pound, young goat hair $3.52, fine adult $2.46, and strong adult $2.44. In detailed quotations, long kid hair less than 26 micron was $9.09-12.50 U.S. f.o.b. South Africa, average $11.15, 26-28 micron $5.06-8.20, average $6.69, over 28 micron $4.44-5.40, average $4.74; long young goat less than 30 micron $4.30-5.04, average $4.62, 30-32 micron $2.80-4.17, average $3.55, over 32 micron $2.48-3.08, average $2.72; long adult less than 34 micron $2.49-2.80, average $2.56, 34-36 micron $2.41-2.49, average $2.48, 36-38 micron $2.45-2.49, average $2.48 and over 38 micron $2.46-2.49, average $2.48. Ninety-five percent sold on a total volume of 72,049 pounds.

     


Questions

Questions? Comments? Suggestions? 
Email us at info3@wcc.net
325-949-4611 | FAX 325-949-4614 | 800-284-5268
Copyright © 2008 Livestock Weekly
P.O. Box 3306; San Angelo, TX. 76902