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Domestic Wool Quiet,
Foreign Trade Higher
GREELEY, Colo. (USDA) Domestic wool
trading was nearly at a standstill last week, demand and
seller interest both light at lower prices levels,
whether on a grease or clean basis.
In Territory trading: Wyoming 80,000 pounds,
bellies out and untied, staple length, average yield
22.6-23 micron brought $1.70 clean, delivered to
processor, 23.1-24.5 micron $1.60, 40,000 pounds, bellies
out and untied, staple length, 26-27 micron, average
yield $1.20, 38,000 pounds of 23 micron, bellies out and
untied, average yield, staple, 75 cents; Montana
Bridger pool, 20,000 pounds 23-24 micron staple length,
65.5 cents, bellies 30 cents and tags 15 cents.
Beaverhead pool 1428 whiteface 60-62's 65 cents,
1435 blackface and smutface 50-56's 38 cents and bellies
30 cents; Oregon 43,000 pounds original bag,
bellies in, 3-3.5 inch wool 26.4-31 micron 41 cents
grease; Idaho 15,000 pounds 29-30 micron, staple,
40 cents grease.
The Australian market indicator closed the week up
four cents at 588A cents per kilo clean, 19-21, 23 and 24
micron fibers rose 1-6 cents, 22 and 31 micron fibers
were up 11 and 25 cents while 25, 26, 28 and 29 micron
fibers eased 1-3 cents. Clearance was 79 percent on a
total offering of 42,869 bales. The stockpile now totals
1,146,100 bales. Futures 21 micron contract: June closed
10 cents higher at 674 and August was down one cent at
650.
The New Zealand market indicator rose 44 cents
following a recess last week. Strong wool was up 34 cents
at 421, lamb wool up 26 cents at 507.
A total of 9760 bales were offered with clearance at
97 percent.
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