Currently the jeb_ sheep in Minecraft PE creates white wool when it is sheared. This makes no sense! There are two potential solutions for this:

1. When a jeb_ sheep is sheared, the wool color will be the same as the color it was at that moment. Meaning, if the sheep was currently red, then the wool will be red.

or

2. When a jeb_ sheep is sheared, it will drop a wool which will change color just like the sheep. This would be interesting for builds. This could even be further expanded upon and be used in crafting recipes.