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Domestic Wool Slow,
Aussie Wools Higher
GREELEY, Colo. (USDA) Domestic wool
trading remains at a standstill, with seller interest and
demand both light.
California sold 210,000 pounds of lamb wool sold with
whiteface 20.6-23.5 micron bringing 37 cents grease,
crossbred 23.5-26 micron 30 cents.
Nearly 530,000 pounds has sold in warehouse trading
the past two weeks. On a clean basis, delivered to
processors, 21-21.5 micron, 2-2.5 inches brought $1;
24.9-26.3 micron, staple length, 95 cents to $1.05;
26.4-29.3, staple length, 80-82 cents; burry 26.4-29.3 70
cents; lamb wool 25-28 micron, 1.5-2 inches, 65 cents,
burry lamb 50 cents; crutchings 30 cents.
Mohair trading was slow, price levels steady with two
weeks ago. In Texas 15,000 pounds of yearling kid went at
$2.50, with No. 2 $2.25.
Australia's eastern market indicator closed up 16
cents to 529A cents per kilo clean. A total of 73,234
bales were offered with clearance at 94 percent. In 21
micron futures contract trading, December closed at 553,
February 557, April 566, June at 570.
New Zealand's market indicator closed up 21 cents at
424NZ cents per kilo clean. Strong wool was up nine cents
at 378, finewool up 11 cents at 768 and medium wool up
eight cents at 465. Clearance was 93 percent on a total
offering of 21,820 bales.
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