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British wool market remains strong

British wool market remains strong

Write: Shasmecka [2011-11-04]
The ninth British Wool Sale of the 2011/12 Season was held by the British Wool Marketing Board at Wool House and offered 1,793,181 kilos.
The market remained strong with the main production types remaining relatively firm. This resulted in a clearance of 84%.
Compared to the last time sold:
Pick and Supers Fully Firm
Halfbreds
Cross Cotts & Wethers Firm, Hogs Buyers Favour
Radnors 1 - 3% cheaper
Welsh upto 3% dearer
Swaledale 2 - 3% cheaper
A farmer run organisation, the British Wool Marketing Board (BWMB) was established in 1950 to operate a central marketing system for UK fleece wool, with the aim of achieving the best possible net return for producers.
It is the only organisation in the world that collects, grades, sells and promotes fleece wool and the only remaining agricultural commodity board in the UK.