After decades of decline, New Zealand’s wool industry is making a comeback
Forty years ago there were more than 22 sheep to every New Zealander, but wool prices and production declined with the uptake of synthetic alternatives
Forty years ago there were more than 22 sheep to every New Zealander, but wool prices and production declined with the uptake of synthetic alternatives John Hargreaves’ family has farmed sheep and beef in Kaiwaka, north of Auckland, for generations.
In the 1960s they had 3,000 ewes but in the decades since, as the value of wool declined and shearing costs grew, his flock slowly decreased to just over 1,700.
But now, for the first time in roughly six years, his wool is making money. Continue reading...
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