STRONG demand from buyers at recent British Wool sales has seen average prices received at auction increase by nearly 25 per cent.
And the more buoyant trade has been welcomed by the organisation’s chairman, Jim Robertson, left, who lives at Langholm.
He said: “Demand for British wool from the very first auction of the season in early July has been strong. We have seen full clearances in most of the ten auctions held so far in the 2024/25 season. Approximately 57 per cent of 2024’s wool has now been sold with some core types seeing more than 60 per cent sold.
“We hope improved prices will encourage those farmers with wool still on the farm to send this in – we appreciate prices are not at the level we’d like them to be, but the market and prices are improving which is encouraging to see.”
British Wool works with a wide range of manufacturers and retailers to encourage more use of British wool and to create demand on behalf of its members.
Jim added: “As a collective marketing organisation, everything British Wool does is about adding value to members’ wool. The demand we work hard to create from manufacturers and retailers flows back to the auction buyers, increasing the competitiveness in the auction and making British wool less of a traded commodity.
“We are committed to collecting wool and providing a service to all UK sheep farmers to drive sustainable demand for British wool to maximise returns for our members.
“To maximise the returns for all sheep farmers, we need members to return their fleeces to us in 2025. If you still have wool on-farm, contact us to arrange delivery or collection, as there is still demand.”
