The cashmere crash

Article Abstract:

The cashmere industry in Mongolia is in crisis despite a rise in demand for the product in some countries. There are large stocks of cashmere and the quality is declining. Raw cashmere prices have dropped due to an increase in supply and a drop in demand from Japan. Herders have interbred cashmere goats with angora goats to boost supply, and this has both increased total supply and hit quality. China has purchased cashmere from Mongolia, and accounts for up to 80% of Mongolia's crop. Small herdsmen could set up co-ops to give themselves more weight in the market.

Wool, Mongolia, Textile industry, Cashmere

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A shaggy goat tale

Article Abstract:

The government's 1993 decision to end federal mohair subsidies angered the goat industry in Texas. Rocksprings, Texas, the center of the Angora goat industry in the world had already been dealing with severe economic woes. Industry representatives believe the end of subsidies will be a death blow to the small Texas town.

Regulation of Agricultural Marketing and Commodities, Agricultural Investment & Subsidies NEC, Mohair, Goat Farming, Finance, Prices and rates, Agricultural subsidies

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The luckpenny scam

Article Abstract:

Issues related to trade in sheep in Britain, highlighted by an epidemic of foot and mouth disease, are examined in detail.

Sheep, United Kingdom, Sheep ranchers

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