Article: Returns on wool face 30% clipping

SHEEP farmers should expect next year's wool cheque to be down more than 30 per cent on this year's already low level, the managing director of the British Wool Marketing Board said yesterday.

This year's average price for wool is about 62p per kilogramme. Only half of the UK's 49 million kilogramme clip has been sold so far and, with a world glut already in force, Ian Hartley said that next season's average price would probably be about 46p.

The price of Cheviot and halfbred fleeces would be more than 50p per kilogramme and Blackface fleeces about 43p. But wool from some breeds, such as Swaledale, would be lucky to average 20p. At a press briefing in Edinburgh, Mr Hartley said: "With almost ...

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