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Livestock
Livestock & Forage
Wool...what will you do with yours...
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<blockquote data-quote="Frank-the-Wool" data-source="post: 7853671" data-attributes="member: 699"><p>Todays sale at BW saw a significant increase in price of over 5% on the last sale two weeks ago.</p><p>While the price is still lagging pre Covid levels there are now many factors that mean the price will continue to increase. </p><p>The world stockpile of wool has reduced and shipping costs from the rest of the world are very high. Hotels and leisure facilities that use wool carpets are once again in business.</p><p>Ugg boots are once again in fashion which removes a significant amount of skin wool.</p><p>The high price of oil and gas means there will be more wool used for knitting in colder countries for heavy clothing.</p><p></p><p>BW has reduced costs significantly and providing more wool can be handled by it then costs will continue to reduce.</p><p>Ok it is not a lot to get excited about but the importance of ensuring most of the wool goes through the auction cannot be under estimated.</p></blockquote><p></p>
[QUOTE="Frank-the-Wool, post: 7853671, member: 699"] Todays sale at BW saw a significant increase in price of over 5% on the last sale two weeks ago. While the price is still lagging pre Covid levels there are now many factors that mean the price will continue to increase. The world stockpile of wool has reduced and shipping costs from the rest of the world are very high. Hotels and leisure facilities that use wool carpets are once again in business. Ugg boots are once again in fashion which removes a significant amount of skin wool. The high price of oil and gas means there will be more wool used for knitting in colder countries for heavy clothing. BW has reduced costs significantly and providing more wool can be handled by it then costs will continue to reduce. Ok it is not a lot to get excited about but the importance of ensuring most of the wool goes through the auction cannot be under estimated. [/QUOTE]
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Wool...what will you do with yours...
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