Wool prices will be firm in first half of season, weaker in second

The review of price prospects for the 21 MPG in March has proved to be a reasonable assessment, with prices slightly higher than anticipated. This article looks at prospects for the 19 MPG (which is the middle merino micron category) for this season, based on a model of the median merino micron price. By Andrew Woods, writing for Mecardo

Wool prices will be firm in first half of season, weaker in second Wool prices will be firm in first half of season, weaker in second Wool prices will be firm in first half of season, weaker in second Wool prices will be firm in first half of season, weaker in second Wool prices will be firm in first half of season, weaker in second

 

One of the difficulties when considering future prices is to incorporate probabilities.

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