NEWS
Farm Service Agency
Public Affairs Staff
1400 Independence Ave SW
Stop 0506, Room 3624-South
Washington, D.C. 20250-0506
Release No. 1417.04
Latawnya Dia (202) 720-7962
latawnya_dia@wdc.fsa.usda.gov
WEEKLY NATIONAL MARKET PRICE FOR WOOL AND MOHAIR
WASHINGTON, Jan. 20, 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 $2.92 $2.88 $2.84
18.6 to 19.5 $2.88 $2.84 $2.80
19.6 to 20.5 $2.70 $2.66 $2.62
20.6 to 22.0 $2.53 $2.49 $2.45
22.1 to 23.5 $2.36 $2.32 $2.28
23.6 to 25.9 $2.07 $2.03 $1.99
26.0 to 28.9 $1.33 $1.29 $1.25
29.0 and over $1.05 $1.01 $0.97
Ungraded Wool Posted Prices (Per pound, greasy basis)
Region 1 Region 2 Region 3
$0.18 $0.16 $0.14
Mohair Posted Price (Per pound) $2.50
These prices become effective at 12:01 a.m., Eastern Time (ET),
on Wednesday, Jan. 21, 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/woolmoh03.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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