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Wool Prices to Lift in 2015

14 May 2015

UK – Sheep farms will receive similar prices for the 2015 clip to last year, with specific breeds and types seeing uplift.

This is the British Wool Marketing Board (BWMB) assessment, which forecasts prices to be between one and five pence per kilo ahead of last year for mainstream breeds.

Ian Hartley: "minimal stock carryover" spells good news for 2015

Greatest increases are expected for Cheviots and Welsh fleeces, up to £1.35 and 0.74 pence per kilo respectively.

Guide prices have been slated as £1.30/kg for Romney, £1.22/kg for Texel, £1.16/kg and 0.90p/kg for Blackface.

Addressing a press briefing in Exeter yesterday, BWMB chief executive Ian Harley said the outlook is ‘positive’.

He said: “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.

“Over the last 12 months we’ve also seen the number of producers supporting the Board steadily increasing, which shows that more and more producers have confidence in the Board and recognise that the best opportunity of maximising the value of your wool is by supporting your organisation.”

TheSheepSite News Desk

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