BWMB says wool value disappoints
5 June 1998
BWMB says wool value disappoints
THE British Wool Marketing Board has announced an average price of 62p/kg this season.
Chairman Alun Evans describes it as very disappointing.
The main reason is the low price of hill and mountain wool including Swaledale Blackface and Welsh, which accounts for almost 25% of the total clip. The average for those wools will be 47p/kg compared with 82p last year.
The price for good quality, finer wools – like Halfbred and Cheviot – will be only slightly lower than last year at 78p/kg compared with 86p. *
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