Weekly National Market Prices for Wool
August 26, 2005
August 26, 2005 -- The U.S. Department of Agriculture's prices for wool the week beginning August 24, 2005, can be accessed at: http://www.fsa.usda.gov/pas/reports/wool.htm.
Posted prices for ungraded wool (per lb., greasy basis) for the week are: Region 1, $0.24; Region 2, $0.22; and Region 3, $0.20. The LDP rate for ungraded wool, therefore, is $0.18 per lb. greasy this week.
These rates are used to determine the loan repayment rates for marketing assistance loans and to calculate loan deficiency payments.