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WEEKLY NATIONAL MARKET PRICE FOR WOOL AND MOHAIR
NEWS
Farm Service Agency
Public Affairs Staff
1400 Independence Ave SW
Stop 0506, Room 3624-South
Washington, D.C. 20250-0506

                             Release No. 1424.04
                                                
                  Jillene Johnson (202) 720-9733
                    Jillene_Johnson@wdc.usda.gov

WEEKLY NATIONAL MARKET PRICE FOR WOOL AND MOHAIR

     WASHINGTON, Jan. 27, 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 $2.88          $2.84          $2.80
18.6 to 19.5   $2.82          $2.78          $2.74
19.6 to 20.5   $2.60          $2.56          $2.52
20.6 to 22.0   $2.47          $2.43          $2.39
22.1 to 23.5   $2.32          $2.28          $2.24
23.6 to 25.9   $2.05          $2.01          $1.97
26.0 to 28.9   $1.34          $1.30          $1.26
29.0 and over  $1.04          $1.00          $0.96

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. 28, 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/woolmoh0
3.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
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