Show Wool incentive payments for 1960 set at 62 A shorn wool incentive price of 62 cents per pound and a mohair support price of 73 rents per pound have recently been announced by the department of Agriculture for the 1961 marketing year 1961 Grant Bleazard chairman of Duchesne County Agricultural Stabilization and Conservation points out that the 1961 price for wool if the same as for the first 6 years of the running from through the 1960 marketing The mohair price is up 3 cents from the level during the first 6 years of the Payments to producers under the 1961 national wool incentive program will follow the same methods as under the current Shorn wool payments will be equal to n percentage of each producer s cash returns from wool sales The percentage will be that required to raise the national average price received by all producers for shorn wool up to the incentive of 62 cents per pound Lamb payments to producers who sell lambs that have never been shorn will be made at a rate per hundredweight of live animals marketed to compensate for the wool on them on a basis comparable to the incentive payment per pound of shorn The payments for the 1961 marketing year will be made on shorn wool and unshorn lambs marketed during April through March 1962 Payments will be made in the summer of 1962 following the end of the marketing |