Growers holding on to wool could be waiting until 2021 for a market upswing

OC
Updated June 4 2020 - 4:45pm, first published 3:15pm
Tamworth wool grower Greg Drain with his broker, Tim Drury of Jemalong Wool (also on our cover). Mr Drain is storing his high-quality fleece lines and selling his lower-yielding wool. Photo: Lucy Kinbacher
Tamworth wool grower Greg Drain with his broker, Tim Drury of Jemalong Wool (also on our cover). Mr Drain is storing his high-quality fleece lines and selling his lower-yielding wool. Photo: Lucy Kinbacher

The wool market has dropped by almost 1000 cents a kilogram in the past 12 months, the sharp fall forcing growers to decide whether to sell, or hold on until the market recovers.

OC

Olivia Calver

Journalist

Journalist for The Land

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