Big wool price fall doesn't warrant intervention, says grower chief

Vernon Graham
Updated August 20 2019 - 11:30am, first published August 19 2019 - 12:00pm
KEEP SELLING: There is no appetite for intervention in the current slide in Australian wool prices.
KEEP SELLING: There is no appetite for intervention in the current slide in Australian wool prices.

Australia's peak woolgrower body has rejected any push to halt wool auctions in response to last week's horror price fall which saw the eastern market indicator (EMI) shed 163 cents to finish at 1513c a kg clean.

Vernon Graham

Vernon Graham

National machinery and property writer

Former editor of The Land, former Fairfax Media Agricultural Editor

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