Wool prices not yet set for new season quality product
Wool prices this year are likely to be no different from the last two years. This does not bode well for farmers who have had to accept 5c/kg to 20c/kg for their wool clip since 2020. What’s more, shearing costs could rise. Is there light at the end of the tunnel? Not really. There is a lot of wool available, despite the trade picking up before Christmas 2021. Elsewhere, sales…