Wool testing and auction data confirm the havoc caused by coronavirus

By Chris Wilcox, National Council of Wool Selling Brokers of Australia
Updated June 17 2020 - 9:50am, first published June 15 2020 - 6:30pm
Latest data shows a slump in wool testing and auction offering levels for May 2020, partly caused by COVID-19 restrictions constraining shearing and a lack of urgency by growers to sell.
Latest data shows a slump in wool testing and auction offering levels for May 2020, partly caused by COVID-19 restrictions constraining shearing and a lack of urgency by growers to sell.

The widespread impact of the COVID-19 pandemic and restrictions on both supply and demand in the global wool industry have become very clear in the past two months.

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