'Deepening' wool crisis for farmers

There has been a "collapse" in the wool market.

According to the INHFA, it is vital the Government acts in supporting farmers who find themselves unable to move existing wool.

Farmers are warning of a "deepening" wool crisis following an apparent "collapse" in the wool market.

This collapse, according to Irish Natura and Hill Farmers Association vice president Pheilim Molloy, is "seeing agents unable to trade wool due to further weakening of demand on international markets".