Publisher's Synopsis
Excerpt from The Wool Situation, Vol. 28: April 10, 1939
Some irregularity in domestic prices of wool was reported during the past ath. But the Bureau of Agricultural Economics says that the wool situa tion in this country for the new marketing season is somewhat more favorable than a year earlier. Favorable factors include the smaller carry-over of wool into the new season, the extension of the Federal loan program to the 1939 clip, prospects for a much higher rate of mill consumption through the first half of 1939 than in 1938, and the recent firmness in wool prices in foreign markets.
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