Wool’s horror month
June is being described as a horror month for the wool industry, as the Eastern Market Indicator fell by 16 percent – the largest monthly fall in 28 years.
Trade tensions between the US and China, teamed with the impact of drought on supply are weighing on the industry.
To find out more, rural reporter Eddie Summerfield caught up with Australian Wool Exchange Market Analyst Lionel Plunkett:
Download this podcast here