This years wool

Frank-the-Wool · Sep 4, 2020

ffukedfarmer said:
@Frank-the-Wool ‘S excellent piece in the SE Farmer makes a lot of sense

Putting the record straight - South East Farmer

The price of wool has been in the spotlight for some time, with several South East Farmer commentators joining the debate in last month’s edition. Their comments prompted Rye sheep farmer Frank Langrish, who trades as Langrish Farmers, to offer to put the record straight.

www.southeastfarmer.net

Many thanks for the kind words.

I hope more people read it and understand the history of wool and the real cause of the catastrophically low prices today. It is frustrating that wool ticks every box for being environmentally friendly and is the most efficient material to process in Co2 terms but people like Vegans who want to save the planet wear plastic shoes!!

hally · Sep 4, 2020

jackstor said:
got some old engine oil that'll do same job

Sounds like your knowledgable in this area....so as to speak

Plain steer · Sep 4, 2020

Texacloth paying 40pkg I would take there hand off

jackstor · Sep 4, 2020

Frank-the-Wool said:
Many thanks for the kind words.

I hope more people read it and understand the history of wool and the real cause of the catastrophically low prices today. It is frustrating that wool ticks every box for being environmentally friendly and is the most efficient material to process in Co2 terms but people like Vegans who want to save the planet wear plastic shoes!!

Very good article which highlights the issues, the 2% of the world textile market compared to 50% really shows what the wool industry is up against. Until wool is susbsidised or synthetic fibres penalised, wool isn't going to compete in the textile market.
Hopefully new markets like insulation and composting will put a base into the market.

shearerlad · Sep 4, 2020

kfpben said:
I agree. The Wool Board talk about almost nothing else than how they operate. Some sheep farmers just seem to be too dense to understand.

It’s like a livestock market, but for wool.

The livestock market don’t buy your sheep, they market and sell them.
The Wool Board don’t buy your wool, they market and sell it.

I’ve tried to use that explanation a number of times and it’s still over folks head’s like a giraffe’s nut sack!

And if you include the full list, organise transport, grade, sort, package, store (for long periods) and THEN sell they do far more than a livestock mart. Add that to facilitating shearing courses and competitions it’s gives a lot to the wool industry.
I do think BW sometimes needs a shake up but what large organisation doesn’t?

neilo · Sep 4, 2020

Plain steer said:
Texacloth paying 40pkg I would take there hand off

You’d be pee’d off if you’d ‘taken their hand off’ at 15p/kg a couple of months ago.

They pay just as much as they think they can get away with. They’re not working for the producer, unlike BWMB.

Pistonbroke · Sep 5, 2020

My neighbour took his in the wool board last week and the place was dead. No stockpiles,no queue, they said a lot are taking a few bags in to trigger the payment and hoarding the rest till next year. Isn't that just going to bugger it up next year aswell? The low amount we're getting is because LAST years wool hasn't sold yet. F**k it mines going in on Tuesday

Spudie · Sep 5, 2020

Plain steer said:
Texacloth paying 40pkg I would take there reluctantly took mine last week a whole 11p I got. Dread to think what minus no. I'm left with after leaving it up

Highland Mule · Sep 5, 2020

Spudie said:
reluctantly took mine last week a whole 11p I got. Dread to think what minus no. I'm left with after leaving it up

You got 11p from Texacloth? Why bother?

jackstor · Sep 5, 2020

Nithsdale Farmer said:
If you want to gamble, store half of it on farm - if you have somewhere to store it.

If you can't store it and are happy to let the free market find it's price, give it all to the BWMB to sell over this coming winter. (sales prices so far are climbing back to where they were pre c19)

If you don't want to do either of these, but still sell it this year... get yourself a tube of lube before you drop your trousers

Are you sure the prices are climbing back up to pre c19 levels?

shearerlad · Sep 5, 2020

It’s not up to pre C19 prices but climbing slowly and steadily. Not brilliant clearance rates but average sale price is far higher than Texacloth would be at

Tim W · Sep 5, 2020

jackstor said:
Are you sure the prices are climbing back up to pre c19 levels?

Pre c19 levels? Just imagine all those shepherds with new 4x4s

hally · Sep 5, 2020

Tim W said:
Pre c19 levels? Just imagine all those shepherds with new 4x4s

We’re gonna be rich beyond our wildest dreams

Nithsdale · Sep 5, 2020

jackstor said:
Are you sure the prices are climbing back up to pre c19 levels?

They are climbing steadily.

Auction prices are already markedly higher than what the Irish were talking at the start of the summer. The BWMB is experiencing good demand of all wool types at the sales. Their last sale, clean wool averaged 75p/kg

The Seeker · Sep 5, 2020

neilo · Sep 5, 2020

Today we’ve been turning the last of these:

Into a field of these:

and had one of these left over:

That’s the rent paid for the year then.

I’ll be ringing the wool board on Monday to see if I can drop it in in the next day or two, so as to save unloading it for bale cart (being optimistic about combining).
Just 110 woolly ewe lambs left to do now.

Isn’t it a thing of beauty @Tim W?

jackstor · Sep 5, 2020

Nithsdale Farmer said:
They are climbing steadily.

Auction prices are already markedly higher than what the Irish were talking at the start of the summer. The BWMB is experiencing good demand of all wool types at the sales. Their last sale, clean wool averaged 75p/kg

Price doesn't look like its climbing to me, it's 2p/kg down on the previous sale, the same price as two sales ago and 3p/kg less than the previous two sales before that?
It is approximately 30% down on pre covid levels.
As posted above the average price at the last sale for greasy wool was 51p/kg. What are the off takes off that? 40p ish?
Clearences are 40-60%
It will take time for the backlog of wool to be cleared and before that I can't see the wool price rising much.
To state that the Irish are screwing us before we even know what the BWMB will pay in 9 months time is naive. I would imagine the Irish price for 2019 wool would be favourable for a lot of farmers.
It doesn't matter where you sell your wool, the price is rubbish

Nithsdale · Sep 5, 2020

jackstor said:
Price doesn't look like its climbing to me, it's 2p/kg down on the previous sale, the same price as two sales ago and 3p/kg less than the previous two sales before that?
It is approximately 30% down on pre covid levels.
As posted above the average price at the last sale for greasy wool was 51p/kg. What are the off takes off that? 40p ish?
Clearences are 40-60%
It will take time for the backlog of wool to be cleared and before that I can't see the wool price rising much.
To state that the Irish are screwing us before we even know what the BWMB will pay in 9 months time is naive. I would imagine the Irish price for 2019 wool would be favourable for a lot of farmers.
It doesn't matter where you sell your wool, the price is rubbish

The figure is the average over the whole sale. If less high value wool is sold and more lower value, the overall sale average will drop... and it is the average price, which means better wool is worth, and making, more. The Irish aren't paying the higher prices - and every kg they buy ex farm is a kg they don't need to compete for at the public auction. That drives down the trade for us all.

jackstor · Sep 5, 2020

Nithsdale Farmer said:
The figure is the average over the whole sale. If less high value wool is sold and more lower value, the overall sale average will drop... and it is the average price, which means better wool is worth, and making, more. The Irish aren't paying the higher prices - and every kg they buy ex farm is a kg they don't need to compete for at the public auction. That drives down the trade for us all.

Going by the sale comments , some types were to sellers favour, some to buyers favour, some firm, some unsold.
Still a long way down on pre covid price.
If coarser wool is say 35p/kg, and costs are 40p, does the supplying farmer receive a bill to dispose of their wool?
How can you say the Irish aren't paying higher prices? Surely nobody knows until all the BWMB wool is sold and the price calculated?

Green farmer · Sep 5, 2020

jackstor said:
It doesn't matter where you sell your wool, the price is rubbish

That sums it up in a nutshell

This years wool

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Up to 25%

25-50%

50-75%

75-100%

100% I’ve had enough of farming!

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