The luxury fibre has fallen out of favour amid a global slowdown, with some producers choosing to dump lower-grade fleece instead of paying to store it.
The wool market has dropped 20 per cent from last year.
Brokers say they are dumping low-value wool into landfill.
Growers are urged to keep producing wool despite the gloomy outlook.
Couldn’t they make some money by selling it overseas where it can be processed for cheap?
They are already doing that and “Fast Fashion” is also going to the landfill.
This way we save some extra steps