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Selective bidding results in low UK wool sales
01
Dec '11
The eleventh British Wool Sale of the 2011/12 Season was held by the British Wool Marketing Board at Wool House and offered 1,832,648 kilos.

The market was quieter with selective bidding resulting in a clearance of 33%.

Compared to the last time sold:
Pick and Supers Buyers Favour
Halfbred Wethers Firm, Hogs 1 -2% cheaper
Cross Hogs Sellers Favour, Wethers Buyers Favour
Radnors 1.5% cheaper
Welsh Cast and Red Kempy Buyers Favour, Selected 2% cheaper
Swaledale Buyers Favour

A farmer run organisation, the British Wool Marketing Board (BWMB) was established in 1950 to operate a central marketing system for UK fleece wool, with the aim of achieving the best possible net return for producers.

It is the only organisation in the world that collects, grades, sells and promotes fleece wool and the only remaining agricultural commodity board in the UK.

British Wool Marketing Board

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Courtesy: AWI

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