November 3, 2006
November 3, 2006 - The U.S. Department of Agriculture's prices for wool the week beginning Nov. 1, 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, $0.20; 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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