ABARES tips steady rise for wool prices

Kristen Frost
By Kristen Frost
Updated July 4 2022 - 1:28pm, first published March 2 2022 - 6:00am
TIPPED TO RISE: Australian shorn wool production is forecast to increase by 9.4pc to 320,000 tonnes by the end of 2022 on the back of wet conditions and a growing sheep flock as the national rebuild continues.

Wool's benchmark Eastern Market Indicator (EMI) is tipped to rise over the next five years, reaching an average of 1903 cents a kilogram clean by 2026-27.

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Kristen Frost

Kristen Frost

National Sheep and Wool Writer

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