Weekly National Market Prices for Wool

April 8, 2005

     The U.S. Department of Agriculture's prices for wool the week beginning April 6, 2005, can be accessed at: http://www.fsa.usda.gov/pas/FullStory.asp?StoryID=2112.
     Posted prices for ungraded wool (per pound, greasy basis) for the week are: Region 1, $0.25; Region 2, $0.23; and Region 3, $0.21. The LDP rate for ungraded wool, therefore, is $0.17 per pound greasy.
     These rates are used to determine the loan repayment rates for marketing assistance loans and to calculate loan deficiency payments.
     Beginning Tuesday, April 19, prices will be posted on the Agency's Report Calendar located at: www.fsa.usda/reports.asp rather than through posted news releases.

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