Show Wool incentive prices for 1963 announced A shorn wool incentive price of 62 cents per has been announced for the period ginning next George Agricultural Stabilization and Conservation County said The mohair support price will be 76 cents per The incentive price for shorn wool is the as for the first years of the the mohair price is up 2 cents from the level for the 1962 marketing The Chairman also explained beginning next the marketing year under the Wool Program is being changed from an April 31 period to a calendar year in line with recommendations from In making this the 1963 marketing year will be a one from April 1 through After the marketing year will be on a calendar year Payments to producers for the 1963 marketing- year will follow the same methods employed for the current 1962 Shorn wool payments will be equal to a percentage of producer's cash returns from wool The percentage will be that required to raise the national average price received by all producers for shorn wool up to the incentive price of 62 cents a Support for pulled wool is provided by means of payments to producers who sell lambs that have never been The payments will be at a rate per hundredweight of live animals marketed to compensate for the wool on them on a basis comparable to the national average incentive payment per pound of shorn With the marketing year ending payments for the 1963 and later marketing years will be made beginning in April following the close of the year rather than beginning in as in the Payments now being made under the national Wool Program are for the 1961 marketing Current of wool and lamb April 1962 through March may qualify for payments under the Wool Program for the 1962 marketing |