June 16, 2006
June 16, 2006 -- The U.S. Department of Agriculture's prices for wool the week beginning June 14, 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, $0.20; Region 2, $0.18; and Region 3, $0.16.
The LDP rate for ungraded wool, is $0.22 per lb. greasy this week.
These rates are used to determine the loan repayment rates for marketing assistance loans and to calculate loan deficiency payment.
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