This is a comprehensive guide the wool industry and the trading mechanisms involved in this vital business. The supply chain is examined, from sheep farming through to final garment manufacture and supply. The patterns of trade are explored, together with the various international arrangements that are associated that are associated with the wool trade. The book goes on to explain the theory and practice of trading in the futures markets and the associated regulation, and looks at the players, both wool companies and other institutions. The final chapter covers competitors to wool, such as man-made fibres and cotton, providing an analysis of current international trading patterns and looking to the future for this essential commodity.

This book is the first comprehensive account of the wool trade through the whole of the medieval period. Within England it is concerned with the production and marketing of wool and with the ways in which the wool trade influenced the economic and political fortunes of different sectors of society. It describes and analyses in detail each of the periods of growth and decline in the export market. As well as explaining changes in the volume of trade it offers the first attempt to portray the distribution of the trade among individual merchants. As the scene widens Mr. Lloyd explains how England's relations with other European powers were influenced by mutual interest in the state of the wool trade. Another major theme is the influence which the export of wool exerted on England's economy as a whole.

In Spain's Golden Fleece, Carla Rahn Phillips and William D. Phillips, Jr., offer the first authoritative history of Spain's vital wool industry. They show how wool was crucial both to Spain's domestic income and to the flourishing European textile industries that depended on the incomparable wool of Spanish Merino sheep. The authors begin by offering a broad and longterm look at the growth, dominance, and decline of the herding economy. They explain the components of wool production, from herding to shearing to preparing the wool for market. And they examine the evolution of the woolen textile industry in Spain and the export trade in raw wool.

The U.S. sheep industry is complex, multifaceted, and rooted in history and tradition. The dominant feature of sheep production in the United States, and, thus, the focus of much producer and policy concern, has been the steady decline in sheep and lamb inventories since the mid-1940s. Although often described as "an industry in decline," this report concludes that a better description of the current U.S. sheep industry is "an industry in transition."

The history of the Ancient Near East covers a huge chronological frame, from the first pictographic texts of the late 4th millennium to the conquest of Alexander the Great in 333 BC. During these millennia, different societies developed in a changing landscape where sheep (and their wool) always played an important economic role. The 22 papers presented here explore the place of wool in the ancient economy of the region, where large-scale textile production began during the second half of the 3rd millennium. By placing emphasis on the development of multi-disciplinary methodologies, experimentation and use of archaeological evidence combined with ancient textual sources, the wide-ranging contributions explore a number of key themes. These include: the first uses of wool in textile manufacture and organization of weaving; trade and exchange; the role of wool in institutionalized economies; and the reconstruction of the processes that led to this first form of industry in Antiquity. The numerous archaeological and written sources provide an enormous amount of data on wool, textile crafts, and clothing and these inter-disciplinary studies are beginning to present a comprehensive picture of the economic and cultural impact of woollen textiles and textile manufacturing on formative ancient societies.

This book was first published in 1962. Until the era of the Industrial Revolution wool was, without question, the most important raw material in the English economic system. The staple article of the country's export trade in the Middle Ages, it remained until the nineteenth century the indispensable basis of her greatest industry. This book looks at the decline of cloth industry in East Anglia sine the mid-sixteenth century.

The wool trade was undoubtedly one of the most important elements of the British economy throughout the medieval period - even the seat occupied by the speaker of the House of lords rests on a woolsack. In The Wealth of England Susan Rose brings together the social, economic and political strands in the development of the wool trade and show how and why it became so important. The author looks at the lives of prominent wool-men; gentry who based their wealth on producing this commodity like the Stonors in the Chilterns, canny middlemen who rose to prominence in the City of London like Nicholas Brembre and Richard (Dick) Whittington, and men who acquired wealth and influence like William de la Pole of Hull. She examines how the wealth made by these and other wool-men transformed the appearance of the leading centres of the trade with magnificent churches and other buildings. The export of wool also gave England links with Italian trading cities at the very time that the Renaissance was transforming cultural life. The complex operation of the trade is also explained with the role of the Staple at Calais to the fore leading to a discussion on the way the policy of English kings, especially in the fourteenth century, was heavily influenced by trade in this one commodity. No other book has treated this subject holistically with its influence on the course of English history made plain. Susan Rose presents a fascinating new exposition on the role of the wool trade in the economy and political history of medieval England. She shows how this simple product created wealth and status among men of hugely varying backgrounds, transformed market towns both economically and in architectural terms and contributed to fundamental social and cultural changes through trading links with Italy and other European countries at the height of the Renaissance

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The wool market was extremely important to the English medieval economy and wool dominated the English export trade from the late thirteenth century to its decline in the late fifteenth century. Wool was at the forefront of the establishment of England as a European political and economic power and this 2007 volume was the first study of the medieval wool market in over 20 years. It investigates in detail the scale and scope of advance contracts for the sale of wool; the majority of these agreements were formed between English monasteries and Italian merchants, and the book focuses on the data contained within them. The pricing structures and market efficiency of the agreements are examined, employing practices from modern finance. A detailed case study of the impact of entering into such agreements on medieval English monasteries is also presented, using the example of Pipewell Abbey in Northamptonshire.