Weekly National Market Prices for Wool
March 31, 2006
The U.S. Department of Agriculture's prices for wool the week beginning March 29, 2006, 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, $0.18; Region 2, $0.16; and Region 3, $0.14.
The LDP rate for ungraded wool, therefore, is $0.24 per lb. greasy this week. Producers with grade and yield documentation on their wool should review the graded LDP categories, as payments have increased in recent weeks.
These rates are used to determine the loan repayment rates for marketing assistance loans and to calculate loan deficiency payment.
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