This year's Australian Wool Annual Review has been released and forecasts that wool growers should continue to enjoy strong prices in 2018.
2017’s extraordinary streak is continuing with the Eastern Market Indicator (EMI) reaching a nominal all-time high in early March of 1830 c/kg, confirming that 2018 is already a record breaking year for wool prices.
The Review clearly indicates a trickle-down effect to farmers, with the average sheep farm cash income expected to be 35 per cent higher than the average for last financial year - a 20 year high.
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