Content brought to you by PGG Wrightson.
This week The Country's Jamie Mackay is joined by PGG Wrightson's South Island wool procurement manager Rob Cochrane to look at the wool market this month.
The 2019/20 wool season wrapped up yesterday with 17 thousand bales on offer across both islands, and there are a lot of growers still resisting and holding onto wool.
Mid-micron and crossbreed growers may be concerned that they were losing as much as 50 per cent compared to last year, Cochrane said.
Mackay said that from a historical perspective, the wool market had never seen a slump like this.