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The price of wool from British sheep is at a ten year high - on average farmers will see a 70 per cent increase on last year. However that will still only just cover the cost of shearing the sheep. The price is set by British Wool, which is owned by around 30,000 UK sheep farmers, and collects, grades, sells and promotes wool. It says the price rise is down to increased demand, and a worldwide fall in the number of sheep.
By BBC Radio 44.5
5454 ratings
The price of wool from British sheep is at a ten year high - on average farmers will see a 70 per cent increase on last year. However that will still only just cover the cost of shearing the sheep. The price is set by British Wool, which is owned by around 30,000 UK sheep farmers, and collects, grades, sells and promotes wool. It says the price rise is down to increased demand, and a worldwide fall in the number of sheep.

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