'You couldn't lose money': Wool industry still in recovery, 30 years after 1991 crash

  • 📰 abcnews
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 83%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

When the wool market crashed in 1991, the industry was left scrambling trying to work out what to do with a stockpile of 4.7 million bales of wool.

Fourth generation Tambo wool grower Andrew Martin was chairman of the Sheep and Wool Council of Queensland and was an executive in the Wool Council of Australia at the time."There was a lot of personal angst and horror," Mr Martin said.

While parts of western Queensland were traditional wool country, it has taken 30 years for the local industry to recover. Lyndon Station's Scott Counsell said being fully fenced in for two years had opened the door to more enterprise options, including goats. "From lamb marking to weaning and weaning to first shearing, [there's] a lot better survival rate … the ewes are in better condition so it's all plus, plus, plus."has prompted the industry to encourage more young people to pick up the shears.A recent shearing school, held at Scott Counsell's Lyndon Station, was the second of its kind in six months in western Queensland.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines