A farmer-run organisation, British Wool was established in 1950 with the aim of achieving the best possible net return for producers.
It is the only organisation in the world that collects, grades, sells and promotes fleece wool and is the only remaining agricultural commodity board in the UK.
[9] Day-to-day operations are run from British Wool's headquarters in Bradford, West Yorkshire with smaller offices in Scotland, Wales and Northern Ireland.
[11] The global wool market was forced to shut in February 2020 due to the Covid-19 pandemic, which made it impossible to sell all of the years produced crop.
This left farmers only having to cover shearing expenses, as it is still necessary to sheer the sheep for their health and well-being (so they do not suffer from blowfly strike, which causes maggots).