2009 Wool LDP Deadline Nears
January 15, 2010
The final date to be eligible for a marketing assistance loan or a Loan Deficiency Payment (LDP) for wool and mohair shorn in 2009 and unshorn pelts from lambs slaughtered in 2009 is Monday, Feb. 1, 2010.
For wool shorn in 2010, the rates are as follows: The graded wool loan rates effective on Jan. 1, 2010, are: wools less than 18.6 micron, $3.88; 18.6 to 19.5 micron, $3.38; 19.6 to 20.5 micron, $2.94; 20.6 to 22 micron, $2.72; 22.1 to 23.5 micron, $2.56; 23.6 to 25.9 micron, $2.33; 26 to 28.9 micron, $1.78; and 29 micron and over, $1.38. These loan rates are on a clean basis.
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