British Wool Marketing Board
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The British Wool Marketing Board (also now known as British Wool) operates the central marketing system for UK fleece wool. 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.[1]
Receiving no financial support, although operating commercially. British Wool is a non-profit-making organisation, returning to producers the market price for their wool, with its own costs deducted.[2]