Bayer Motor Co. Inc.
 


Domestic Wool Slow,
Aussie Wools Lower

GREELEY, Colo. —(USDA)— Wool trading remained slow across the U.S. again last week. Demand and seller interest were light.

In Territory trading, Wyoming sold 20,000 pounds in small lots; 22-24 micron, staple, average yield brought 25-30 cents grease, net the producer. California sold 120,000 pounds of 1.5-2 inch lamb wool, whiteface 20-22 micron 15 cents, crossbred 22-24 micron 10 cents grease, net producer. Texas sold 180,000 pounds of 1.5-2 inch 20 micron, high yielding lamb wool for 33 cents grease, f.o.b. the warehouse, lots with variable length 27 cents, crossbred 22-23 micron 15 cents, 20-22 micron high yielding bellies and pieces 27 cents, short belly wool or lower yielding 22 cents, (no allowances made for handling, storage or state checkoff fees).

Australia's eastern market indicator closed down 15 cents at 571A cents per kilo clean. Sales totaled 96,788 bales and clearance 80 percent. The 21 micron futures grease wool contract for December was down 19 cents at 542A, February down 19 at 553, April down 14 at 578 and June down 10 at 603. The 19 micron clean wool contract for December was down 17 cents at 976A, February down 20 at 988, April down 24 at 999 and June down 24 at 1009. The 23 micron clean contract for December was down 10 cents at 405A, February down 10 at 409, April down 10 at 462 and June down 10 at 433.

In New Zealand, at Napier, the market indicator was not

available. Strong wool was down four cents at 373NZ cents per kilo clean, medium wool down two at 428. Other classes were not tested. Clearance was 93 percent on an offering of 1144 clean tons.

     



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