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Weekly National Market Prices for Wool

August 18, 2006

The U.S. Department of Agriculture's prices for wool the week beginning Aug. 16, 2006, can be accessed at: 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, therefore, 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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