Over the past decade, the Australian wool market has seen significant shifts. Producers have navigated through industry challenges, fluctuating supply and demand, and varying wool prices.

In this episode, we delve into the factors that have influenced the wool market, including the roles of China and Europe in shaping demand. We’ll examine the projections for wool prices and what the future holds for supply as we move forward into 2024. Additionally, we’ll discuss how current market conditions are expected to evolve in the upcoming months.

Resources and links:

• Wool insights publications from Rural Bank

Connect:

• Rural Bank website
• Rural Bank on Facebook
• Rural Bank on Twitter
• Rural Bank on LinkedIn
• Rural Bank on YouTube

Any opinions, estimates, and projections in this podcast are for informational purposes only and do not take into account your personal circumstances.