NEWS
Farm Service Agency
Public Affairs Staff
1400 Independence Ave SW
Stop 0506, Room 3624-South
Washington, D.C. 20250-0506
Release No. 1614.04
Jillene Johnson (202) 720-9733
jillene.johnson@usda.gov
WEEKLY NATIONAL MARKET PRICE FOR WOOL AND MOHAIR
WASHINGTON, July 6, 2004 -- The U.S. Department of
Agriculture�s Commodity Credit Corporation today announced
posted prices for wool, by region, and the national posted
price for mohair:
Graded Wool Posted Prices (Per pound, clean basis)
Micron Region 1 Region 2 Region 3
Less than 18.6 $2.81 $2.77 $2.73
18.6 to 19.5 $2.61 $2.57 $2.53
19.6 to 20.5 $2.36 $2.32 $2.28
20.6 to 22.0 $2.23 $2.19 $2.15
22.1 to 23.5 $2.09 $2.05 $2.01
23.6 to 25.9 $1.80 $1.76 $1.72
26.0 to 28.9 $1.25 $1.21 $1.17
29.0 and over $1.06 $1.02 $0.98
Ungraded Wool Posted Prices (Per pound, greasy basis)
Region 1 Region 2 Region 3
$0.21 $0.19 $0.17
Mohair Posted Price (Per pound) $2.67
These prices become effective at 12:01 a.m., Eastern
Time (ET), on Wednesday, July 7, 2004, and are used to
determine the alternative loan repayment rates for
marketing assistance loans and to determine loan deficiency
payments.
A list of the states that comprise regions 1, 2, and
3 is available on the following website:
http://www.fsa.usda.gov/pas/publications/facts/html/woolmoh
03.htm
This announcement is scheduled to be made each
Tuesday, at 3:00 p.m., ET, until further notice.
Additional program information is available from Thomas
Bickerton at (202) 720-3008 or by e-mail at
Thomas.Bickerton2@usda.gov
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Note: The Farm Service Agency�s (FSA) news releases and
media advisories are available at http://www.fsa.usda.gov
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