CHEYENNE, Wyo. -- A Casper-based regional wool cooperative announced an agreement Friday to supply a Minnesota company that makes and sells woolen blankets.

The deal between the Mountain States Lamb and Wool Cooperative and Faribault Woolen Mills, of Faribault, one of the last remaining woolen mills in the United States, is seen as a way to significantly boost income for sheep producers.

The agreement allows the 97 ranchers comprising the Mountain States cooperative to receive a higher price for their wool and a percentage of profits from Faribault's sales of blankets, throws and bedding accessories in the high-end retail and catalog market.

"It's where agriculture needs to be and puts us in control of our destiny," said Glenrock sheep rancher Brad Boner, co-chairman of the lamb and wool cooperative.