Ulster Wool has announced that the average price paid for the 2025 clip will be 68p/kg, which is up 70% or 28p/kg on the year previous. The average payout is now at a 10-year high and the co-op is optimistic for further upward momentum into the 2026 auction season.

“This is a strong result for our members and a clear sign the market is moving in the right direction,” said Ulster Wool chairman Brendan Kelly.

“Prices are up across all wool types because there is real competition at auction, and that only happens when farmers sell together through Ulster Wool,” he added.

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Looking at 2025 prices across different wool types, Cheviot and Cheviot-cross wool increased from 57p/kg and 51p/kg for the 2024 clip to new prices of 83p/kg and 76pkg respectively. Many core types of Mule, Texel and Romney wool have also moved into the region of 70p/kg to 75p/kg. Blackface wool is listed as increasing from 29p/kg to 56p/kg, while fine and medium hill wool is up from 42p/kg to 67p/kg. Ulster Wool has given forecast prices for the 2026 clip based on the current market outlook, with many wool types moving past the £1/kg mark. This includes Cheviot wool on £1.09/kg and Northern Mule on £1.02/kg, whilst Blackface wool is sitting at 72p/kg.