The wool sector is continuing its rebound.
The latest auction prices are sitting around $6.80 a kilo – the best returns in 15 years.
Strong demand and low global supply are driving the recovery.
Federated Farmers Meat and Wool Chair Richard Dawkins told Heather du Plessis-Allan that the rising cost of synthetics means they’re no longer the cheap and reliable option.
He says the pressures caused by the war in the Middle East won’t last forever, but once people make a conscious decision to switch to wool and renewable fibres, they don’t generally go back.
LISTEN ABOVE

Gary Burchett: Sky TV Head of Sport Content on the decision to stream All Blacks games for free in delay
05:14

Full Show Podcast: 04 June 2026
1:30:37

Warren Maher: Waikato Regional Council Chair on Te Huia fares being increased by 25% amid a surge in passengers
03:38