'Increased demand' for British wool sees prices reach seven year high

British Wool said the current average auction price of wool is £1p/kg, a figure not seen since October 2018. However, farmers said prices still need to improve for them to consider selling sheep fleeces in the future

clock • 4 min read
Jim Robertson, British Wool chair, said: "As wool prices improve; better returns should hopefully encourage more UK farmers to send in their wool."
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Jim Robertson, British Wool chair, said: "As wool prices improve; better returns should hopefully encourage more UK farmers to send in their wool."

Wool prices have reached a seven year high in a move which has been described as a move in the 'right direction' by a sheep marketing board. British Wool, which represents 30,000 UK sheep producers,...

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