AUSTRALIA: Growers Lose Control As Woolmark Goes Global
Australian wool producers could lose control of Woolmark when it assumes its new structure next year, the Herald and Weekly Times reported today. The new organisation, which would no longer be funded by Australian wool growers, would probably look outside its native country for funding, said Wool Services chairman Rod Price. This was a natural consequence of the growers' decision to abandon funding the promotional organisation, he added.
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