March 21, 2008
March 21, 2008 - The U.S. Department of Agriculture's prices for wool the week beginning March 19, 2008, 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, $0.27; Region 2, $0.25; and Region 3, $0.23.
The LDP rate for ungraded wool is $0.15 per lb. greasy.
These rates are used to determine the loan repayment rates for marketing assistance loans and to calculate loan deficiency payment.