26/09/2026
“Q3 reports” doesn’t exactly sound like gripping reading, but it should be 🤓
British Wool publish a report after every wool auction, and they’re one of the best ways to understand what’s actually happening in the UK wool industry right now.
I’ve read them all so you don’t have to.
Q3 saw four British Wool auctions, from 21st July to 15th September — and, importantly, the arrival of the 2026 clip.
What did they show us?
- Buyers were cautious as the new season arrived, with clearance dropping sharply from June to July
- Demand recovered through August and September, reaching 96.9% clearance at BW223
- Prices softened from their summer highs, but remained relatively steady while the market found its level
- And by mid-September, the 2026 season-to-date price was around 35p higher than 2025
So, how did Q3 really go? Summer can be a slower, transitional period for the wool market, with stronger demand often emerging through autumn and winter.
Q3 feels like a breather as the new 2026 clip entered the market and prices settled after a very strong first half of the year.
Will the remained of the year follow the same pattern?
We’ll find out at the next sale on the 6th October.