Things are looking less volatile for the wool market as fine fleeces fetch higher prices.
A traditional wool growing enterprise in southern NSW made the move to protein and it's paying off.
An increased number of first-cross ewes is relieving prices, but by spring levels could reach their peak again.
Producers are withholding stock from saleyards as concerns mount over processor shutdowns due to Covid outbreaks.
A large offering to open the calendar year doesn't discourage prices with solid demand for Merino fleeces.
Industry experts say the Merino will continue to be an important part of the sheep industry but warn the road to recovery for crossbred wool producers may be a long one.
Has the price hike on shedding varieties made them uneconomic compared to Merino and composite breeds?
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