When the question was asked of the little black sheep if it had any wool, the reply was: "three bags full". The better question may have been was it merino wool. Because of its superior shine and legendary softness, handmade rugs and fine garments woven with merino wool command the highest prices. With the average adult sheep providing about seven pounds of raw wool, a herd of 300 may yield nearly a ton of wool each year. Wool fiber has a natural stretch and elasticity that responds to the wearer's body movements.