WASHINGTON, Dec. 31, 2025 – The U.S. Department of Agriculture (USDA) Commodity Credit Corporation today announced Marketing Assistance Loan rates for 2026-crop graded wool by micron class. The One Big Beautiful Bill Act (OBBBA) increased the three loan rates that are used as the basis for the program. It increased the rate of graded wool to $1.60 per pound (greasy basis). The loan rates for ungraded wool were moved up to $0.55 per pound (greasy basis) and the loan rate for mohair to $5.00 per pound.
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.
2026 Loan Rates:
Graded Wool
Micron | Loan Rate (Per Pound, Clean Basis) |
Less than 18.6 | $4.67 |
18.6 to 19.5 | $4.31 |
19.6 to 20.5 | $4.11 |
20.6 to 22.0 | $3.98 |
22.1 to 23.5 | $3.81 |
23.6 to 25.9 | $2.85 |
26.0 to 28.9 | $1.62 |
29.0 and higher | $1.36 |
Ungraded Wool
Loan Rate (Per Pound, Greasy Basis) | $0.55 |
Mohair
Loan Rate (Per Pound) | $5.00 |
For more information, contact the FSA at your local USDA Service Center.
Farm Service Agency:
1400 Independence Ave.
SW Washington, DC 20250
Contact:
FPAC Press Desk
FPAC.BC.Press@usda.gov