Producers Livestock Auction
 


Domestic Wool Slow,
Aussie Wools Mixed

GREELEY, Colo. —(USDA)— Trading on domestic wool was slow last week with only occasional buyer inquiry. No sales were confirmed as remaining supplies are held in strong hands.

Australian auctions were mixed with 19 micron wools down 11 cents, 20 micron down five cents, but 23-30 micron generally 5-10 cents higher, 25 micron 16 cents up. The eastern market indicator closed up one at 567A cents per kilo clean. Wool offered at eastern centers totaled nearly 30 million pounds, and approximately 93 percent sold. At Fremantle nine million pounds were offered and 88 percent sold. Japan, China, Western Europe and Taiwan were the principal buyers.

New Zealand auctions were steady to three percent lower, the market indicator down four at 457NZ cents per kilo clean.

Demand was light for Texas mohair, and no sales were confirmed. South Africa’s Cape mohair sale on Tuesday offered near 780,000 pounds and sold 38 percent. Demand was good for good style young goat hair and fine kid, but poor for other offerings. Prices were 5-10 percent higher on those styles in demand, but average styles were steady to weak.

     



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