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Domestic Wool Quiet,
Aussies Open Lower
GREELEY, Colo. (USDA) Wool trading was at
a standstill at the producer level last week, most
growers reluctant to accept current bids. Demand and
seller interest was light.
In Territory trading, California sold a couple of
clips totaling 40,000 pounds of 22.5-24.5 micron, staple,
BOU, for 32 cents net the producer; Washington's Puget
Sound pool moved 21,000 pounds of mixed white and
blackface wools, 32-35 micron, staple, at 16 cents; In
Texas a mixture of small lots of 20.5 to 22 micron, 12
month wools, staple length, ranged 30-45 cents grease.
Warehouse trading was slow on representative sales and
a weak undertone was noted. A total of 260,000 pounds was
reported, 21.5-22 micron, staple length bringing $1
clean, delivered to the processor, a few sales 90 cents
to $1 f.o.b. the warehouse, 23-24 micron, staple, 80
cents, 24-26 micron, staple 70-75 cents.
The Australian wool market resumed trading following a
three week recess. Compared to the last trading, the
market indicator closed down three cents at 579A cents
per kilo clean. A total of 92,990 bales were offered with
clearance at 82 percent. Marino fleeces comprised the
majority of offerings, followed by skirtings. The grease
21 micron contract for August closed at 561A , October
571, December 583, February 599 and April 615. The 19
micron clean wool contract for August closed at 1055A,
October 1025, December 1022 and February 1025. The 23
micron clean wool contract for August closed at 420A,
October 425, December 422 and February 427.
No New Zealand sales were conducted the past two
weeks.
In Texas a total of 60,000 lbs. of mohair recently
traded with young goat matchings at $3.90 and 34 micron
fine adult matchings at $2.50.
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