Weekly National Market Prices for Wool

The U.S. Department of Agriculture’s prices for wool can be accessed at www.fsa.usda.gov/Internet/FSA_EPAS_Reports/wamrpt010317.pdf. The effective repayment rate is the lower of either the 30-day average or weekly rate.

Category
2016
Loan Rate
Effective
Repayment
Rate
LDP Rate
Week of 1/4/17
Graded Wool
CLEAN PRICES in $ per pound
3.88
4.68
Not Available
18.6-19.5
3.38
4.41
Not Available
19.6-20.5
2.94
4.06
Not Available
20.6-22.0
2.72
3.81
Not Available
22.1-23.5
2.56
3.65
Not Available
23.6-25.9
2.33
3.13
Not Available
26.0-28.9
1.78
1.73
$.05 LDP Available
> 29 Micron
1.38
1.33
$.05 LDP Available
GREASE PRICES in $ per pound
Ungraded Wool
40 cents
56 cents
Not Available
Unshorn Pelt
6.865 lbs x
Ungraded Wool LDP
Not Available

Wool LDPs are not available when the weekly repayment rate is above loan rate.

Market Summary, Week ending December 30, 2016
Not all reports available due to the holidays.

Feeder Prices ($/cwt.), From 3 weeks ago: San Angelo, 40-60 lbs. 210-218; 60-70 lbs. 190-216; 70-80 lbs. 160-180; 80-95 lbs. 150-158; 105-115 lbs. 158-160.

Slaughter Prices – Negotiated ($/cwt.), Wooled and shorn 143-162 lbs. for 125.03-165.00 (wtd avg 141.36).

Slaughter Prices – Formula1, No prices reported due to confidentiality.

Equity Electronic Auction, Not reported.

Cutout Value/Net Carcass Value2, $321.16/cwt.

Carcass Price, Choice and Prime, YG 1-4, $/cwt., weighted averages, 378 head at 55-65 lbs. 341.31; 994 head at 65-75 lbs. 301.36; 1,157 head at 75-85 lbs. 297.11; 964 head at 85 lbs. and up 291.73.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4″ Loins 540.76, Rack, roast-ready, frenched (cap-on) 1,348.53, Rack, roast-ready, frenched, special (cap-off) 1,786.87, Leg, trotter-off, partial boneless 506.20, Shoulder, square-cut 291.56, Ground lamb 513.05.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) 850.10, AUS Shoulder (fresh, square-cut) 239.64, AUS Leg (fresh, semi boneless) 370.33, AUS Rack (frozen, frenched, cap-off, 28 oz/up) 688.82, NZ Rack (frozen, frenched, cap-off, 20 oz/up) 770.10, AUS Shoulder (frozen, square-cut) 218.53.
Exported Adult Sheep, 338 head

Wool, Price ($/pound) Clean, Delivered, From 5 weeks ago. 18 micron (Grade 80s) NA, 19 micron (Grade 80s) NA, 20 micron (Grade 70s) NA, 21 micron (Grade 64-70s) NA, 22 micron (Grade 64s) 3.47, 23 micron (Grade 62s) 3.01-3.32, 24 micron (Grade 60-62s) 2.66, 25 micron (Grade 58s) NA, 26 micron (Grade 56-58s) NA, 27 micron (Grade 56s) 1.71-1.97, 28 micron (Grade 54s) NA, 29 micron (Grade 50-54s) NA, 30-34 micron (Grade 44-50s) 1.63.

Australian Wool, From 3 weeks ago: Clean, delivered FOB warehouse & gross producers ($/pound), 18 micron (Grade 80s) 4.46-5.06, 19 micron (Grade 80s) 4.21-4.77, 20 micron (Grade 70s) 3.88-4.39, 21 micron (Grade 64-70s) 3.68-4.17, 22 micron (Grade 64s) 3.59-4.07, 23 micron (Grade 62s) NA, 24 micron (Grade 60-62s) NA, 25 micron (Grade 58s) 2.76-3.13, 26 micron (Grade 56-58s) 2.50-2.83, 28 micron (Grade 54s) 1.78-2.02, 30 micron (Grade 50s) 1.63-1.85, 32 micron (Grade 46-48s) 1.31-1.49, Merino Clippings 2.97-3.37.

1Heavier carcasses typically receive lower prices per lb. 2The cutout value is the same as a net carcass value. It is a composite value that sums the value of the respective lamb cuts multiplied by their weights. It is also the gross carcass value less processing and packaging costs.

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