Strong demand tipped to continue

By Mal Gill
Updated September 27 2018 - 12:21pm, first published April 16 2018 - 6:00am
 Rural Bank's head of sales agribusiness, Simon Dundon, predicts sheep farms will continue to have a prosperous year next financial year based on forecasts of wool prices remain high because of demand growing more rapidly than supply and favourable trading circumstances.
Rural Bank's head of sales agribusiness, Simon Dundon, predicts sheep farms will continue to have a prosperous year next financial year based on forecasts of wool prices remain high because of demand growing more rapidly than supply and favourable trading circumstances.

SHEEP farmers are expected to enjoy their best farm cash incomes for 20 years this financial year, primarily because of high returns from wool.

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