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  • The paragraph below is an exert from "The AG Letter"

    "Sheep farmers are stunned by the rapid and significant fall in wool prices over the last 6 months. Second shear fleece wool
    is now 135c/kg (greasy) cheaper than it was in August 2016 - a fall of -33%. For the “average” farm business with around
    6000 sheep su, this has wiped around $46,000 off the wool income for this financial year compared to last"

    What has happened to the wool industry of late? There was a call from a senior analyst talking on the "Country" radio station the other week - for farmers to hold onto wool if they are financially able to do so - is this a solution ? What else can be done?

  • Comments

  • 0_1487636875815_upload-efebf938-0acf-4cb8-859a-68986031000e

    This is very interesting and shows the decline that has occurred this year

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