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Wool Clip Forecast and Farm Debt Caution for 1875
The 1875 wool clip across California, Oregon and Texas is expected larger with better quality, though injuries from dogs reduce Southern stocks and northern regions push shearing later. Prices likely stable with steady demand for delaine and combing wools. A New York Economist warning urges selling gradually to avoid price drops, while Western Rural urges avoiding mortgage on homesteads and stresses mortgage risk. The piece also advises May or June calf drop to maximize milk yield, noting long-term value of well-timed calving for cows and heifer development.
MENTIONED IN THIS ARTICLE
California
Oregon
Texas
Kentucky
New York Economist