CORRECTION
Hair Price Not Quite
As Rosy As Reported
If last week's report of $8 kid mohair selling at
Rocksprings sounded too good to be true, there is a
reason it wasn't true.
Following years in which mohair could hardly be moved
at any price, the market has rebounded dramatically over
the past several weeks. It hasn't yet hit $8, however, at
least not as of the Rocksprings sale. The highest price
paid on that offering was $7, for about 5000 pounds of
No. 1 kid. Livestock Weekly's $8 figure was
provided by a warehouse spokesman, who in turn took it
from a bid sheet that was later corrected.
This publication exists first and foremost to provide
accurate market information, and errors such as this are
as much a consternation to us as they are to our readers.
It is doubly disconcerting to dispense inaccurate
information to a segment of the industry that has waited
so long for good news. We regret any inconvenience,
consternation or undue elation the error may have caused.
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