Domestic Wool Slow,
Aussie Wools Firm

GREELEY, Colo. —(USDA)— Wool trading during last week’s holiday-shortened period remained nearly at a standstill.

Demand was light in all areas, producers contining to resist selling wool at current low price levels. Minimal shearing was noted on feedlot lambs in Colorado. Shearing will start this week in a few areas of South Dakota and Montana. Shearing in the Imperial Valley of California is nearly completed.

In Territory trading, 170,000 pounds of graded, three-inch, 22 micron wool brought 85 cents clean, delivered to the processor, 24 micron 70 cents and 27 micron 60 cents, mostly bellies out and untied; some classed and skirted 22.5-23.5 micron, three-inch plus ranged 75-80 cents.

In Australia through Wednesday the eastern market indictor was up three cents at 584A cents per kilo clean. Early week sales featured 113,139 bales with clearance at 89 percent. The 21 micron futures clean wool contract for December was unchanged at 547A, February up two at 577, April down one at 594 and June unchanged at 614.