TOKYO -- Australia's wool supply faces challenges as many producers are considering pulling out of the business as prices dip to about half their pre-pandemic peak, the head of Australian Wool Innovation (AWI) told Nikkei Asia.
Commodities
Australian wool threatened by low prices, industry body CEO says
Farmers consider pulling out of business as prices stay at half pre-pandemic peak
Australian sheep farmers are facing pressures due to low prices for wool. © Reuters
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