American Sheep Industry Photo

Weekly National Market Prices for Wool

July 11, 2008


The U.S. Department of Agriculture's prices for wool the week beginning July 9, 2008, can be accessed at www.fsa.usda.gov/FSA/webapp?area=home&subject=ecpa&topic=fta-wm.

Posted prices for ungraded wool (per lb./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 is $0.17 per lb. greasy.

These rates are used to determine the loan repayment rates for marketing assistance loans and to calculate loan deficiency payment.

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