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Bernardo
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Bernardo
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PostSun Feb 25, 2018 7:08 am 
According to the Wall Street Journal, the price of wool in New Zealand is up 56% since 2016 due to an increase in demand for trendy products such as wool sneakers, but also from an increase in demand for performance sporting apparel such as t-shirts, shorts, and socks. Producers are absorbing some of the raw material cost increase for now, but prices for wool items may rise. Given that wool is a natural product, supply can only adjust slowly.

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Brushbuffalo
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PostSun Feb 25, 2018 8:11 am 
Bernardo wrote:
trendy products such as wool sneakers
Really? Wow, I know I'm no fashion freak, but... eek.gif confused.gif Very interesting. As oil prices stabilize due in large part to improved domestic production, wool prices go up. As an aside, I not too fondly recall moving through flocks of 2,000-3,000 sheep on trails deep in the Pasayten as recently as the early 1990s before such grazing was halted.

Passing rocks and trees like they were standing still
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RichP
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PostSun Feb 25, 2018 9:07 am 
I notice that Ibex has closed maybe in part due to their refusal to outsource labor and Smartwool who does is growing. http://www.ibex.com

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Kat
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PostSun Feb 25, 2018 10:01 am 
oh geez, well my favorite wool shirts are ibex.

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Deereguy
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PostSun Feb 25, 2018 12:38 pm 
I've noticed the demand for Icebreaker garments has increased. Hard to find any used icebreaker at reasonable prices.

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Brushbuffalo
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Brushbuffalo
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PostSun Feb 25, 2018 2:21 pm 
Kat wrote:
oh geez, well my favorite wool shirts are ibex.
What brand are your favorite wool sneakers ? 🤣😄

Passing rocks and trees like they were standing still
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Schroder
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PostSun Feb 25, 2018 2:28 pm 
Too bad my wife's g-g-uncles aren't around. Here they are standing by the bales of wool with their crew after shearing their 64,550 sheep in 1908, Alpine, Nevada

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jinx'sboy
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PostSun Feb 25, 2018 4:13 pm 
Bernardo wrote:
Given that wool is a natural product, supply can only adjust slowly.
Not necessarily. I am familiar with sheep producers in places like Scotland and NZ. Sheep farmers in places like that had given up shearing their sheep 20 or 25 years ago - it just didn’t pencil out any longer. But there are still plenty of sheep around in those traditional areas, so transitioning back to wool production could happen fairly quickly, I’d think.

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Brushbuffalo
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Brushbuffalo
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PostSun Feb 25, 2018 9:00 pm 
When I toured around New Zealand in 1969 there were said to be 60 million sheep and only 3 million people. I still have some fabulous wool sweaters and accessories I bought there...real cheap back then, too, although apparently not any more.

Passing rocks and trees like they were standing still
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zephyr
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zephyr
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PostSun Feb 25, 2018 9:44 pm 
Brushbuffalo wrote:
When I toured around New Zealand in 1969
Nice. You got there just before I did. I spent two weeks hitchhiking around both South and North Island in 1971--maybe 72. A couple picked me up and took me to their home. I remember watching their dog herd the flocks.
Schroder wrote:
Here they are standing by the bales of wool with their crew
That's an awesome photo and story, Schroder. ~z

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