Farmers Guradian
Topics
Nine ways to keep your farm vehicles safe

Nine ways to keep your farm vehicles safe

Arable Farming Magazine

Arable Farming Magazine

Dairy Farmer Magazine

Dairy Farmer Magazine

British Farming Awards

CropTec

LAMMA 2018

New to Farmers Guardian?
Register Now
Login or Register
New to Farmers Guardian?
Register Now
New to Farmers Guardian?
Register Now

You are viewing your 1 free article

Register now to receive 2 free articles every 7 days
Already a Member?

Login | Join us now

British Wool Marketing Board sets next season's clip price

World commercial factors have kept the prices largely in line with last year


Twitter Facebook
Twitter Facebook
Wool prices for the year ahead will remain largely static
Wool prices for the year ahead will remain largely static

Wool prices for the year ahead will remain largely static as a fluctuating currency exchange and global economic factors take their toll.

 

British Wool Marketing Board (BWMB) chief executive Ian Hartley told a press briefing in Exeter this week the upcoming wool season would see overall payments to producers at similar levels to the 2014 season, with slight increases for specific types and breeds.

 

The BWMB auction experienced challenging market conditions last year, with ongoing currency fluctuations, coupled with the much reported slowdown in economic activity in its major export market, China, all having an impact.

 

Mr Hartley said: "This [price schedule] is a positive outcome and is the result of the board’s proactive selling policy, ensuring the best possible prices are achieved.

 

“Following this strong performance over the last 12 months, and with minimal stock carryover into the new season, the outlook is positive heading into the 2015 season, with demand for all types of wool strong in both the domestic and overseas markets."

 

The price of wool is closely linked to demand from burgeoning economies such as China and their demand for products such as carpets and other woolen goods, which is high when there is economic strength.

 

China saw its economy boom for years, but mounting debt and increased interest rates have seen its growth slow.

 

Mr Hartley added: “The board continues to support the Campaign for Wool which generates a global profile which cannot be underestimated and has been hugely influential in driving demand for British wools in a number of emerging markets.

 

“Our organisation is a tremendous example of collaborative marketing, delivering for farmers a high standard of service and helping them to maximise the value of their wool."

 

 

 

 

Breed/Type

Average Clip Value £/kg*

 

Actual 2014 Wool Clip Values

2015 Guide Wool Clip Values+

Suffolk

£1.11

£1.13

Romney/Kent

£1.27

£1.30

Texel/Lleyn

£1.19

£1.22

Mule/Cross

£1.14

£1.16

Cheviot

£1.30

£1.35

Radnor/Beulah

£1.04

£1.06

Welsh

£0.71

£0.74

Swaledale

£0.60

£0.62

Blackface

£0.89

£0.90

 

* Net value after all operating costs have been deducted and excluding VAT

+Based on last year’s selling season


Read More

 Impressive prices for store cattle and sheep at Gisburn Impressive prices for store cattle and sheep at Gisburn
Cost control is critical for store lamb finisher Cost control is critical for store lamb finisher
Event showcases the versatility of wool Event showcases the versatility of wool
MP calls for 'Hillsborough-style disclosure' of sheep dip poisoning facts MP calls for 'Hillsborough-style disclosure' of sheep dip poisoning facts
Sheep gives birth to lamb with five legs Sheep gives birth to lamb with five legs

Twitter Facebook
Post a Comment
To see comments and join in the conversation please log in.
Facebook
Twitter
RSS
Facebook
Twitter
RSS