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 

The wool sector is continuing its rebound.&nbsp;
The latest auction prices are sitting around $6.80 a kilo – the best returns in 15 years.&nbsp;
Strong demand and low global supply are driving the recovery. &nbsp;
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.&nbsp;
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. &nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

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Richard Dawkins: Federated Farmers Meat and Wool Chair on wool prices hitting a 15 year high, surging demand

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/3ccbc83a-025c-46ee-817a-b45e015b8031/transcript