The champion fleece will be announced towards the end of this year
With the shearing season imminent the British Wool Marketing Board (BWMB) has reported strong auction sales throughout the current selling season and claims this bodes well for producer returns in the coming twelve months.
BWMB chairman Malcolm Corbett said; “Proactive management of the Board’s auction sales has ensured a strong demand in the past six months, and with just 1.6m kilograms of the 2013 clip left to sell we are likely to enter the 2014 selling season with no carry over at all.”
“Demand has been high, especially in the last six months, with sales in the last few weeks achieving clearances of 100%, at higher prices than have been seen all season,” he explained.
“No matter what the type of wool, it is well sought after as a tightening global supply is driving demand from all sectors.”
“The effect of this strong market is that the average price of wool achieved by your Board is significantly higher than last year by an average of 34%).”
