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JANUARY 31 is the latest date on which 1972 wool and mohair applications may be filed in order for producers to receiye incentive payments in April, according to T. R. Taylor, Chairman of the Rappahannock County Agricultural Stabilization and Conservation (ASC) Committee.
To file for incentive payments on 1972 marketings of wool, unshorn lambs, and mohair, a producer need only provide sales documents and fill out a short application form. Sales documents should include name and address of the seller, date of . sale, net weight of wool or mohair sold, number of head and liveweight of unshorn lambs sold, gross and net proceeds, and name, address, and signature of the buyer or the marketing agency making the sale.
The incentive payment price is 72 cents a pound for wool marketings with payments based on a percentage of each producer’s returns from sales. The percentage will be that required to raise the national average price received by all producers up to the 72 cents incentive price.
MOHAIR payments are figured in the same way as wool, with a support of 80.2 cents a pound. The ASC Committee Ch
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