American Sheep Industry Photo

Weekly National Market Prices for Wool

September 2, 2005

   The U.S. Department of Agriculture's prices for wool the week beginning August 31, 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, $0.23; Region 2, $0.21; and Region 3, $0.19. The LDP rate for ungraded wool, therefore, is $0.19 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.


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