American Sheep Industry Photo

Weekly National Market Prices for Wool

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.

<< Back