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Show USDA 1955 Wool Market Price Data is Discussed The U. S. Department of Agriculture Agri-culture has announced a shorn wool incentive price of 62 cents per pound of wool, grease basis, and a mohair support price of 70 cents per pound, both for the 1955 marketing year. If average prices received by producers for wool and mohair fall below these levels, payments will be made to producers. pro-ducers. Joseph Wilcken, chairman of the Duchesne Agricultural Stabilization Stabiliza-tion and Conservation County committee, explains that payments will also be made for wool on lambs and yearlings sold for slaughter with the wool on in order or-der to encourage producers to maintain normal marketing practices, prac-tices, i.e., market their lambs with- (Continued On Back Page) 1955 WOOL DATA .... (Continued from page one) out unusual shearing prior to sale for the purpose of obtaining the incentive payments on shorn wool. Operating details will be announced an-nounced in another issue of this paper. The new program announced herein will apply to wool and mohair mo-hair sheared beginning January. 1, 1955, and marketed during the year beginning April 1, 1955 and ending on March 31, 1956. The program will also apply to sheep and lambs marketed during the same period. Another point emphasized by Chairman Wilcken, is that the grower should get the best price possible for his wool. Since, the amount of the payment- to each grower will be determined by applying ap-plying the one percentage rate to the net proceeds from the wool he sold during the marketing year, the higher the price he obtains for his wool, the higher his payment. pay-ment. Thus, it will be the best interest in-terest of the grower and his marketing mar-keting agency to do a good job of marketing and get the best price possible for the wool sold. Producers are urged to save the account sales received when marketing mar-keting their 1955 wool and mohair clips from their Iambs and sheep after April 1, 1955, because these sales slips will provide the information infor-mation needed to determine individual indi-vidual producer's incentive payments. pay-ments. Operation at the county level will be through Agricultural Stabilization and Conservation offices. of-fices. Applications by producers for payment, determining producers produ-cers eligibility for payments, and figuring of the payments for individuals in-dividuals will be at these offices. Chairman Wilcken also emphasizes empha-sizes that it will probably be to the advantage of all wool growers to contact a member of the ASC county committee, or the county office before marketing wool under un-der this program. Under certain conditions a grower may assign the payment which may become due him under this program. Assignments will be discussed in next week's issue of this paper. |