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Wool: Prices

Question for Department for Environment, Food and Rural Affairs

UIN 24373, tabled on 15 January 2025

To ask the Secretary of State for Environment, Food and Rural Affairs, what assessment he has made of trends in the level of wool prices in the last (a) 6 months, (b) 12 months and (c) 8 years.

Answered on

20 January 2025

British Wool, a public body, is responsible for the collection, sale and marketing of wool from across the UK. Sales are conducted through open auction and will reflect global market developments in price and availability.

This Government has made no assessment on the impact of policies on wool prices; however Defra officials meet regularly with British Wool, who share regular reports on auction sales and wool values.