American Sheep Industry Photo

Weekly National Market Prices for Wool

November 17, 2006

November 17, 2006 - The U.S. Department of Agriculture's prices for wool the week beginning Nov. 15 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, $0.19; Region 2, $0.17; and Region 3, $0.15.

The LDP rate for ungraded wool, therefore, is $0.23 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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