British Wool – Sale Report (BW133 – 23rd November 2021)

British Wool saw good competition in BW133 from a full bench of buyers with prices increasing by an average of 4% to 5% across the board. Prices for British Wool have been steadily recovering over the last few months thanks to consistent demand and after 9 sales the 2021 clip is now approximately 40% sold.

British Wool’s offer in BW133 amounted to 1.137m kg and all bar one small speciality lot sold. The clearance was 99.8%, the average greasy price of 77.4p / kg was 4.4% up sale on sale, and the British Wool index moved up 4.5% to 1.143 reflecting the strong market.

· Total weight offered 1.137m kg Total weight sold 1.135m kg

 · Clearance 99.8% · Average clean price £1.151 / kg Average greasy price £0.774 / kg

· British Wool Index 1.143 per kg vs. 1.094 per kg in BW131 The clearances by wool type were as follows; · Fine wool 100%,

· Medium wool 100%,

· Mule wool 100%, · Hill wool 98.8%,

· Mountain wool 100%,

· Lamb 100%.

Price movements for key wool types:

Prices were comparable to BW132; Fine:

Hoggs No1 – fully 3.5% dearer. Hoggs No2 – fully 5% dearer. Ewes No1 – 5% dearer. Ewes No2 – fully 5% dearer. Lt Grey – up to 7.5% dearer. Romney: Ewes No1 – up to 7.5% dearer. Ewes No2 – sellers favour. Naturally Discoloured – buyers favour.

Medium: Hoggs No1 – 4% dearer. Hoggs No2 – 3% dearer. Ewes No1 – up to 3% dearer. Ewes No2 – 4% dearer. Naturally Discoloured – 2.5% dearer. Lt Grey – fully 5% dearer. Mules: Hoggs No1 – up to 4% dearer. Ewes No1 – fully 4% dearer. Ewes No2 – 4% dearer. Cott grades – up to 5% dearer. Lt Grey – sellers favour to 6% dearer. Cheviots: Hoggs No1 – up to 7.5% dearer. Hoggs No2 – sellers favour to 2.5% dearer. Ewes No1 – sellers favour. Ewes No2 – up to 4% dearer. Cross grades – fully 4% dearer. Hill: Fine No2 – fully 10% dearer. Medium No2 – fully 3% dearer. Blackface: Medium No1 – 3.5% dearer. No2 – 2% dearer. Cotts – up to 2% dearer. Welsh: No1 – 3% dearer. No2 – firm. Coloured Kempy – 4% dearer. Swaledale: No1 – fully 3% dearer. Lt Grey – 5% dearer.

Source: BW