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Wool prices average 67p per kg against 50-55p for 2020


All producers who delivered wool to a British Wool grading depot or intermediate depot in 2020 will receive a payment, albeit considerably less than in previous years.
That was the good news story from the Bradford-based co-operative this week which admitted the impact of the Covid-19 pandemic was the biggest 12-month challenge in its history, due to reduced global demand and significant over supply as a result.
When the first Covid lockdown was imposed in March 2020, wool scouring plants in the UK closed and manufacturers stopped processing. Exports were also put on hold. There was in effect no market and British Wool closed the 2019 season with 11mkg of stock unsold. ....

Dumfries And Galloway , United Kingdom , Jim Robertson , Andrew Hogley , British Wool , டம்ஃப்ரைஸ் மற்றும் காலோவே , ஒன்றுபட்டது கிஂக்டம் , ஜிம் ராபர்ட்சன் , பிரிட்டிஷ் கம்பளி ,

Wool market warms up as shearing season approaches


Wool market warms up as shearing season approaches
© Courtesy British Wool
The wool market was hit by reduced global demand during 2020 as a result of the pandemic.
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Sheep producers who are embarking on the 2021 shearing season have been told they can look forward to better prices for their fleeces –  if they support their own co-operative.
British Wool cites improving wool auction prices,  a huge reduction in the wool glut built up during the first Covid lockdown and its own cost savings of around 7p per kilo for the optimistic forecast. ....

Dumfries And Galloway , United Kingdom , Jim Robertson , Andrew Hogley , Courtesy British , British Wool , டம்ஃப்ரைஸ் மற்றும் காலோவே , ஒன்றுபட்டது கிஂக்டம் , ஜிம் ராபர்ட்சன் , மரியாதை பிரிட்டிஷ் , பிரிட்டிஷ் கம்பளி ,