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16th British wool sale achieves 85% clearance
23
Feb '12
The sixteenth British Wool Sale of the 2011/12 Season was held by the British Wool Marketing Board at Wool House and offered 1,965,154 kilos.

The sale opened strongly with widespread bidding and a much higher level of demand than of late. As a result the market strengthened by an average of 1%, achieving an 85% clearance.

Compared to the last time sold:

• Pick and Supers Fully Firm
• Halfbreds Fully Firm
• Crosses 1 - 2.5% dearer
• Cheviots Firm
• Blackface Fully Firm

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.

British Wool Marketing Board

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