The Board, as has been the case in previous years will continue to project average producer clip values based on last year’s selling season. On this basis the average guide price for 2013 producer Clip Value of the Texel / Lleyn breeds, for example, is anticipated to achieve £1.03/kg and Mule/Cross at £1.00/kg.
For 2013/14 Mr Hartley stated that supply, not demand, will be the determining factor. We sold nearly 37 m kg last year and will have only 30 m kg available for next season (19% less).
Therefore, he said, ‘’If we can sell this volume of wool at these prices over the last few months, it is reasonable to assume that these are base prices going forward. The general economic situation, although not good, is an improvement on last year.
"We would expect next season’s auction price to be higher than the current years, especially in those fine and medium wools favoured by China, and we would expect carpet wools to be about the same average producer return.”
British Wool Marketing Board
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