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Hamish McKay: The Country spokesperson on what's behind the increase in the price of wool

Wool prices have seen a significant rise this week, and there's a few key factors behind this development.

Currently, wool prices are on the longest rise since 1987 - and while these prices are mostly benefitting Australian farmers, there's hope Kiwis could benefit from this demand too.

The Country's Hamish McKay explained further.

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