ABARES predicts EMI forecast to drop next wool selling season

Kristen Frost
Updated March 5 2019 - 11:05am, first published 8:00am
The predicted number of sheep shorn and overall wool production will both rise by about two per cent in 2019-20.
The predicted number of sheep shorn and overall wool production will both rise by about two per cent in 2019-20.

Senior government agricultural economists have forecast the recent solid climb in wool prices will suffer a loss of traction, with a declining eastern market indicator (EMI) forecast for the 2019-20 selling season.

Kristen Frost

Kristen Frost

National Sheep and Wool Writer

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