WASHINGTON, Dec. 31, 2024 – The U.S. Department of Agriculture (USDA) Commodity Credit Corporation today announced Marketing Assistance Loan rates for 2025-crop graded wool by micron class. Loan rates for ungraded wool and mohair are unchanged and remained the same from the prior crop year.
Marketing Assistance Loans and Loan Deficiency Payments (LDPs) are marketing tools available to producers upon harvest or shearing and are available for graded wool, ungraded wool and mohair. Unshorn pelts are eligible for LDPs only. The unshorn pelt LDP rate is based on the ungraded wool LDP rate multiplied by the average weight of an unshorn pelt (6.865 pounds).
Marketing Assistance Loans provide producers interim financing at harvest time to meet cash flow needs without having to sell their commodities when market prices are typically at harvest-time lows. LDPs are payments made to producers who, although eligible to obtain a CCC loan, agree to forgo the loan in return for a payment on the eligible commodity.
2025 Loan Rates:
Graded Wool
Micron | Loan Rate (Per Pound, Clean Basis) |
Less than 18.6 | $4.57 |
18.6 to 19.5 | $3.95 |
19.6 to 20.5 | $3.57 |
20.6 to 22.0 | $3.39 |
22.1 to 23.5 | $3.18 |
23.6 to 25.9 | $2.31 |
26.0 to 28.9 | $1.07 |
29.0 and higher | $0.75 |
Ungraded Wool
Loan Rate (Per Pound, Greasy Basis) | $0.40 |
Mohair
Loan Rate (Per Pound) | $4.20 |
FSA helps America’s farmers, ranchers and forest landowners invest in, improve, protect and expand their agricultural operations through the delivery of agricultural programs for all Americans. FSA implements agricultural policy, administers credit and loan programs, and manages conservation, commodity, disaster recovery and marketing programs through a national network of state and county offices and locally elected county committees. For more information, visit fsa.usda.gov.
USDA touches the lives of all Americans each day in so many positive ways. Under the Biden-Harris administration, USDA is transforming America’s food system with a greater focus on more resilient local and regional food production, fairer markets for all producers, ensuring access to safe, healthy and nutritious food in all communities, building new markets and streams of income for farmers and producers using climate smart food and forestry practices, making historic investments in infrastructure and clean energy capabilities in rural America, and committing to equity across the Department by removing systemic barriers and building a workforce more representative of America. To learn more, visit usda.gov.
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