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One-in-three wool farmers financially worse-off in pandemic

Rural News

A survey has revealed the impact of the coronavirus economic slowdown so far on the wool industry, with one in three farms reporting a loss in income.

The price of wool has collapsed this year, down by up to 35 percent since January.

Growers are now worried border closures could see a shearer shortage come spring.

Rural editor Eddie Summerfield caught up with Wool Producers Australia President Ed Storey:

Listen to the full interview above or Subscribe to the National Rural News podcast: http://bit.ly/RuralNewsPodcast

Rural News
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