National Sheep/Wool Reports

Compiled by USDA Market News Service, Greeley, Colo.

Wool prices in cents per pound and foreign currency per kilogram, sheep prices in dollars per hundredweight (cwt.) except some replacement animals on per head basis as indicated.

NATIONAL WOOL REVIEW

(USDA Market News)

Greeley, Colo.

Nov. 23

Domestic wool trading on a clean basis was at a standstill this week. There were no confirmed sales this week. Demand light to moderate, noting global demand is showing signs of stability but there is still a uncertainty in the raw wool market. Some of the unsold wool from last spring is starting to be offered up again as the Australian market has had stronger markets the last two weeks and a steady market this week.

Domestic wool trading on a greasy basis was very slow this week. There were no confirmed sales this week. All prices reported on a weighted average.

Domestic Wool Tags - delivered to buyer, greasy basis:

#1 $.40-.45

#2 $.25-.35

#3 $.10-.20

The FSA effective LDP rate for wool is unchanged at $0 per pound. The FSA effective LDP rate for mohair is unchanged at $0 per pound.