Wool supply and demand: the latest news from both ends

With the world in such uncertain times, it is nice to know that at least the national flock and national wool clips are steadily lifting. New Australian Wool Production Forecasting Committee Chairman Stephen Hill explains the latest figures but gives valuable insight into the strong underlying demand for Australian wool despite the headwinds of ongoing COVID lockdowns in China, significant logistical and therefore financial constraints to the very long wool supply chain.