Monthly Market Reports
Monthly insights into economic, finance and trade issues affecting global demand for wool, and what this means for the Australian wool industry.
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He may be far away from wool-growing properties in Australia but His Royal Highness The Prince of Wales has the challenges facing woolgrowers in his thoughts, writing to all woolgrowers to reassure them during the current dry conditions.
In a letter distributed by Australian Wool Innovation (AWI), on special request from Clarence House, to about 41,000 woolgrowers throughout Australia, The Prince of Wales expresses his sadness at the impact the drought has had on woolgrowers throughout the country.
“I cannot begin to imagine the anguish that those of you who have been affected by this climatic tragedy must be facing,” wrote The Prince of Wales.
“I wanted you to know that you are very much in my thoughts at this difficult time.
“Please be assured that my Campaign for Wool will continue to do everything it can to support the Australian wool growing community, not only throughout these difficult times but perhaps more importantly, in the future when the growing conditions return to normal.”
AWI CEO Stuart McCullough said he was confident woolgrowers would welcome the letter from The Prince of Wales who is himself a sheep farmer.
“The letter to woolgrowers acknowledges their resilience and recognises the challenging Australian climate,” Mr McCullough said.
The letter to woolgrowers comes ahead of a visit by The Duke and Duchess of Sussex to drought-affected Dubbo in NSW’s Central West on October 17, 2018.
The AWI website www.wool.com/droughtresources and AWI’s extension networks have a wide range of resources available for woolgrowers going into, managing and recovering from drought.
AWI is a not-for-profit company that invests in research and development (R&D), and marketing to increase the long-term profitability of Australian woolgrowers.
AWI is funded primarily through a wool levy paid by woolgrowers and a matching contribution from the Federal Government for eligible R&D activities that are capped at 0.5% of the value of gross national value of wool production.
For more information contact:
Australian Wool Innovation
Mob: +61 497 100 043