We have confirmed that member returns for the 2025 clip year will reach their highest level in ten years. Our average return per kilogram is 70% higher than last year, with prices increasing across all wool types.

Stronger Returns for Members

Returns to our members have risen significantly, with the average payment now at 68p per kilogram compared with 40p a year ago. Cheviot wool is returning 85p per kilogram, while many core grades of Mule, Texel, Romney, Hill and Cheviot Cross are achieving between 70p and 75p per kilogram.

Positive Outlook for the 2026 Season

We are also optimistic about the outlook for the 2026 wool season. Strong price gains at our recent auctions over the past few months indicate that returns for the 2026 clip could rise by a further 25p to 30p per kilogram. Several core types could potentially return more than £1 per kilogram to members.

Why Prices Are Improving

These figures reflect strong market demand and increased competition at our auctions, where multiple buyers are actively bidding. This highlights the importance of the auction system. As the only marketplace where multiple domestic and export buyers compete directly, our auctions help drive prices for UK sheep farmers.

The Power of Collective Selling

With around 30,000 sheep farmers working together through us, the strength of collective selling continues to play a central role in securing improved returns. Higher volumes not only strengthen competition at auction but also reduce our operating costs per kilogram, benefiting all members.

Growing Demand for British Wool

Demand is also being supported through supply chain development and marketing initiatives. We now work with more than 180 licensees, with increasing numbers of brands specifying British wool and consumer awareness continuing to grow. Sales of fully traceable wool have increased again over the last year, with buyers paying a premium above auction prices.

Recent initiatives include new yarn and fabric collections, a retail collaboration with Shaun the Sheep, and continued development of the British Wool brand.

Investing in the Future

Alongside improved prices, we continue to invest in activities that support long-term demand and value. More than 100 shearing and wool handling courses are scheduled for 2026, building on over 900 attendees last year, helping to ensure clips are presented to the highest possible standard.

Chairman’s Comment

Commenting on the announcement, Chairman Jim Robertson said:

“This is a strong result for our members and a clear sign the market is moving in the right direction. Prices are up across all wool types because there is real competition at auction, and that only happens when farmers sell together through us.

The auction is where prices are made. The more wool that comes through us, the stronger the returns will be for everyone. This is exactly what collective selling is designed to do: strengthen the market, deliver better value for British wool, and maximise returns to our members.”