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18/05/20 Wool prices fall, drive through farmers' market, land use

We hear warnings that the price farmers get for wool is to fall. What impact this will have on an industry where margins are already tight?

The price farmers get for wool is likely to fall. British wool is warning that because of the coronavirus disruption, it still has significant amounts of lasts year鈥檚 wool left and so won鈥檛 be paying as much for this year鈥檚 fleeces.
Around 40,000 sheep farmers sell their wool to the international textile industry for use in flooring, furnishings and clothing, but because of the lockdowns across the world the market has been disrupted, with less demand, particularly from China. We hear from Phil Stocker, chief executive of the National Sheep Association.

Presented by Charlotte Smith and produced by Beatrice Fenton.

11 minutes

Broadcast

  • Mon 18 May 2020 05:45

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