Sheep numbers in sharp decline as farmers increasingly shift to forestry, fuelled by demand to earn carbon credits

  • flathead@quex.cc
    link
    fedilink
    English
    arrow-up
    0
    ·
    1 year ago

    Sheep farmers burn fleeces as wool prices slump

    Tuesday June 27 2023, 12.01am BST, The Times

    Sheep farmers are burning fleeces because it is too expensive to bring them to market, it has emerged, with Scottish ministers urged to live up to their green agenda and help reinvent the market.

    Wool prices have been low since the 1990s, when the product traded at about £3 per kg, but during the past four years returns have reached crisis point for many producers.

    An average price of £0.89 per kg at auction in 2019 fell to a total average return to producers of only £0.33 per kg, a drop exacerbated by the pandemic, which closed UK and international markets.

    But campaigners say fleeces are versatile and could be repurposed, for example for house insulation, helping to play a role in Scottish ministers’ net-zero ambitions.