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Domestic News January 4, 1923

The Sauk Centre Herald

Sauk Centre, Stearns County, Minnesota

What is this article about?

Wool prices in Minnesota doubled in the past year, with over 250,000 pounds from 25 counties sold at 38 cents per pound through Wabasha. University Farm's 962 pounds fetched 37 cents/lb, up from last year's lower rate. Higher lamb and mutton prices attributed to sheep shortage and new tariff law.

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Wool-Mutton Prices Double in Past Year

More than 250,000 pounds of wool, the clip from 25 Minnesota counties was sold through the Wabasha county wool for an average of 38 cents a pound, according to County Agent Bennett of Wabasha county. The wool of University Farm, amounting to 962 pounds this year, was sold in the market for $354, or about 37 cents per pound. A year ago a clip of 2,071 pounds from the farm brought only $328. Quality and grade for the two years were about the same.

University livestock men say a few sheep on every farm year after year would be profitable. They attribute the higher prices to a shortage of sheep and to the effect of the new tariff law. Prices now being paid for lamb and mutton correspond to the advance made in the prices of wool.

What sub-type of article is it?

Economic Agriculture

What keywords are associated?

Wool Prices Mutton Prices Minnesota Wool Sheep Shortage Tariff Law

What entities or persons were involved?

County Agent Bennett

Where did it happen?

Minnesota

Domestic News Details

Primary Location

Minnesota

Event Date

Past Year

Key Persons

County Agent Bennett

Outcome

wool prices doubled; over 250,000 pounds sold at 38 cents/lb; university farm wool at 37 cents/lb this year vs. lower last year; higher lamb and mutton prices

Event Details

More than 250,000 pounds of wool from 25 Minnesota counties sold through Wabasha county wool at average 38 cents a pound. University Farm's 962 pounds sold for $354 (37 cents/lb), compared to 2,071 pounds for $328 a year ago. University livestock men recommend sheep farming due to profitability from higher prices caused by sheep shortage and new tariff law.

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