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President Bush extends 2008 Wool Program

SAINT PAUL, Minn., - President Bush on March 14, 2008, extended the wool, mohair and unshorn pelt program through April 18, 2008. The Consolidated Appropriations Act, 2008 authorized commodity loan and Loan Deficiency Payments (LDPs) for 2008 crop wool and mohair, and LDPs for unshorn pelts. The 2008 wool and mohair loan rates remain the same as the 2007 rates.