Uruguay wool and lamb exports dropped 17% in dollars in the last twelve months compared to the year before. Of the US$ 265 million shipped overseas, China was the main client with 42% of that total, according to the latest Custom stats.
“Far beyond expectations; this is a fantastic corner of the world”, said Dr. Nicolas Negrin, Head of Mission for the Uruguayan delegation describing his impression of the Falkland Islands. The 19 member Uruguayan business delegation spent a week in the Falklands and left on Saturday with impressions considerably different to those they had arrived with.
Uruguay’s textile industry is short of wool and could be forced to import up to 20 million kilos, revealed Uruguayan Wool Secretariat (SUL) CEO Gabriel Capurro during the opening of an ovine industry seminar, organized by the country’s Corriedale breeders association.
A bail of Uruguayan fine, clean wool, 14.4 microns, was sold at a record price of 37.76 a kilo. The ultra fine wool, (uncommon for Uruguay that has a flock mostly of Corriedale), was achieved based on a strategic alliance between the Merino breeders, the country’s Agriculture Research Institute, the textile industry and 51 farmers that signed in for the project.