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Tuesday, May 14, 2013

Fine micron production and premiums – what happens if it rains?

By Andrew Woods  |  Source: AWTA, BOM, ICS

Fine merino wool is subject to big swings in production, with changes in seasonal conditions (driven in turn by rainfall) the key driver of these swings. The lack of rain over the past year has pushed fine wool production to a high, which has in turn placed pressure on price and premiums.

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