Industry experts don't believe the wool market will show any immediate signs of recovery when it returns from its winter recess next week.
It's often said it was wool that Australia's prosperity was built on, and in 1935 in Queensland, that base was still very much in evidence.
Will the volatile wool market be the final straw for wool growers considering a switch into another enterprise?
In April this year it was thought no 2020 Ekka ribbons would see the light of day, but Queensland's wool producers have defied the odds.
The ribbons handed out for the 2020 Queensland State Sheep Show may be the most unique in the show's history, if it turns out that the event ends up being the only one of its type in Australia this year.
It's been two years since a review of AWI's performance and governance was released and the industry is still waiting for four recommendations to be complete.
Australian Wool Innovation has been using overseas Instagram influencers as a marketing tactic to promote the brand of Australian wool.