Wool prices forecast to make steady gains over next five years

Vernon Graham
Updated March 3 2020 - 9:35am, first published 12:30am
STEADY AS SHE GOES: ABARES is predicting wool prices and demand will experience modest growth in the next five years.
STEADY AS SHE GOES: ABARES is predicting wool prices and demand will experience modest growth in the next five years.

Wool's benchmark Eastern Market Indicator is tipped to rise over the next five years, reaching an average 1762 cents a kilogram clean by 2024-25.

Vernon Graham

Vernon Graham

National machinery and property writer

Former editor of The Land, former Fairfax Media Agricultural Editor

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