Regional delegates sat in stunned silence at the British Wool Marketing Board (BWMB) annual conference in Edinburgh on Wednesday as officials explained that next year's wool cheque would be one-third less than predicted.
Regional delegates sat in stunned silence at the British Wool Marketing Board (BWMB) annual conference in Edinburgh on Wednesday as officials explained that next year's wool cheque would be one-third less than predicted.
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ROG WOOD
Chairman Malcolm Corbett explained: "In July New Zealand prices fell by 20%-45% below the level of last year – and even though we have reduced prices, trade is sluggish and the producer price this year will be well below last year."
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