SA woolgrowers face dilemma; to hold or fold

CM
August 13 2020 - 6:00am
SPIN CYCLE: Three generations of the Walker family, Geoff, Tom and one-year-old Prim were in the shed for shearing last week at their Kulkami property. Geoff says you have to "ride the lows and the highs" of the wool market.
SPIN CYCLE: Three generations of the Walker family, Geoff, Tom and one-year-old Prim were in the shed for shearing last week at their Kulkami property. Geoff says you have to "ride the lows and the highs" of the wool market.

Many SA growers who put wool on hold several months ago - hoping the market fall might be a "short-term glitch" - are now realistic that prices are likely to be "somewhat depressed around current levels" for at least this year, according to Quality Wool area manager Simon Seppelt.

CM

Catherine is Stock Journal's long time livestock editor and South East journalist.

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