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Aussies' wool supply continues to mount.
From:
Daily News Record
| Date:
April 17, 1990| Author:
Stuart, Frank
| COPYRIGHT 1990 Fairchild Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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AUSSIES' WOOL SUPPLY CONTINUES TO MOUNT
NEW YORK - Australia's oversupply of wool is going to get worse before it gets better. The wool production has just been revised upward and Australia is now expected to produce 13 percent more wool during the present 1989-1990 season.
Meanwhile, in this country, activity on the current spring 1990 wool clip is a little slow but wool is moving out of growers' hands. More than usual, however, is being moved on consignment to b...