Farmers hold onto bales as wool prices stay low

Short resume:

cent
90%
farmers
80%
crossbred
70%
bales
60%

Woolsheds are filling up with unsold bales, with some farmers holding onto their wool in hopes a low market will rebound. PGG Wrightson general manager of wool Cedric Bayley said the crossbred wool market had become extremely fragile since the …
Source Stuff.co.nz
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