A new report has forecasted that demand for wool from Australia—which controls 90 percent of global exports—will rise as people head back into the office and pick up office suits, blazers, and ties again. Despite an increase in working from home during the CCP virus pandemic sapping wool demand, agricultural bank Rabobank predicted an upward trend on the horizon. The bank’s analyst Dennis Voznesenski said in their new report that Australian wool sales were regaining strength in the US and France. ​​”The recovery in office-wear demand may see suit sales growth rise above general retail apparel in 2022,” he said. “Even if we see an interest rate-induced slowdown in the world economy this year, we expect the demand for wool from workers returning to offices and buying suits to be the more important variable for wool.” But the wool industry is tempering its expectations due to logistical challenges which remain …