Wool Prices

Pat the sheepdog heard a rumour through the dog grapevine, that wool prices were low.

Is it true?

Go to the Wool Service Desk website located at http://www.agric.wa.gov.au/wooldesk/ to see how wool prices have changed since 1995.

• What was the best price that a farmer got for his wool between 1995 and today?
• In what year did he/she get that best price?
• What was the lowest price for wool between 1995 and today?
• In what year did a farmer get that price?
• The prices are given in cents per kilo of clean wool. Convert the lowest and highest prices to dollars per kilo of clean wool.
• Use a diagram to show how wool prices have changed in the last 8 years.

Do you agree with the dog grapevine that wool prices are going down?