1、1 A marketing year is the year in which a crop is marketed and usually begins with harvest. Thewool and mohair marketing year is January 1-December 31.Order Code RS20896Updated October 30, 2008Wool and Mohair Price SupportCarol CanadaTechnical Information SpecialistKnowledge Services GroupSummaryPri
2、ce support for wool and mohair first became mandatory through legislationenacted in 1947 and in 1949. The National Wool Act of 1954 (P.L. 83-690) establisheddirect payments for wool and mohair producers. The acts stated purpose was toencourage production of wool because it was considered an essentia
3、l and strategiccommodity. No similar purpose was stated for the mohair program. Subsequentlegislation extended the wool and mohair support programs several times, until aprovision in P.L. 103-130 required a phase out, ending with the 1995 marketing year.1Subsequently, assistance was provided on an a
4、d hoc basis for marketing years 1999 and2000. Wool and mohair were not funded during marketing year 2001. The 2002 farmbill (P.L. 107-171, the Farm Security and Rural Investment Act of 2002) authorizedmarketing assistance loans and loan deficiency payments for wool and mohair producersfor crop years
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