Wool, what will you do with yours this year?

[Frank-the-Wool]

Just got the check for 2 years worth of wool.4000kg roughly paid £200 does that sound about right?

I presume you sent this to BW?
If so you won't be paid until they sell the wool this coming season if you. You will receive payment in the next year after it has been sold.

The advance payment is just that as you had a large quantity.
The BW sale this week was the highest clearance and a small increase in price since Covid back in 2020.
China is coming back into the market so hopefully we will see increases this year. White wool is still around 50p per kg to the producer.

 

[Y Fan Wen]

I called in Porthmadog depot last week to see about depositing a sheet of tail wool and found them receiving a l/s trailer full of sheets much to my surprise. Then this week I delivered the sheet and found 'another' trailer full being delivered. Now in Dad's day we never used to move the wool until November 'cos he wanted the storage premium. I thought there was no storage premium anymore?

 

[Frank-the-Wool]

I called in Porthmadog depot last week to see about depositing a sheet of tail wool and found them receiving a l/s trailer full of sheets much to my surprise. Then this week I delivered the sheet and found 'another' trailer full being delivered. Now in Dad's day we never used to move the wool until November 'cos he wanted the storage premium. I thought there was no storage premium anymore?

No storage premium and likely to go into next years clip, although the cut off used to be the end of February so might still be just in.

 

[Anymulewilldo]

WB
Looked again says it's a premium for sending over 2000kg @4p/kg. For a moment I thought that was the lot!

That sounds more like it. We sent in 20kg shy of 5t of wool this time (2020 full clip, 2021 winter hoggs and 2022 full clip) and we got our premium cheque not long after delivery. Can’t remember what it was now, case of seen it, had it, spent it on sheep.

 

[Anymulewilldo]

I called in Porthmadog depot last week to see about depositing a sheet of tail wool and found them receiving a l/s trailer full of sheets much to my surprise. Then this week I delivered the sheet and found 'another' trailer full being delivered. Now in Dad's day we never used to move the wool until November 'cos he wanted the storage premium. I thought there was no storage premium anymore?

There isn’t anymore but many a time we’d still have put wool just before lambing. with it being such a valuable commodity nowadays it gets bagged, stacked up and I think about it when I have too

 

[Y Fan Wen]

There isn’t anymore but many a time we’d still have put wool just before lambing. with it being such a valuable commodity nowadays it gets bagged, stacked up and I think about it when I have too

Ah, so maybe it's people wanting to empty out the lambing shed ready for the coming flood. Makes sense.

 

[neilo]

I called in Porthmadog depot last week to see about depositing a sheet of tail wool and found them receiving a l/s trailer full of sheets much to my surprise. Then this week I delivered the sheet and found 'another' trailer full being delivered. Now in Dad's day we never used to move the wool until November 'cos he wanted the storage premium. I thought there was no storage premium anymore?

Being hygroscopic, it gains a bit of weight in storage too.

Old way was apparently to stack it on feed troughs, which you could keep adding water too to keep the humidity up….

 

[Tim W]

This is the kind of thing that could lead to wool having a chance at being economical to produce again
Plastics pollute
A report from your friends at Greenpeace

 

[Y Fan Wen]

Delivered a couple of sheets of shearling fleeces to Porthmadog last month. Last week a letter from BW was delivered addressed to my late father, deceased 15 years, asking him to re register as a producer. Note back saying no and giving my name and initials. Today I've had another letter asking 'me' to re register and a strange membership number on it. I've written back asking for a re check and quoting the membership number on last years statement. It's a complete puzzle as I've been delivering wool to Port every year since forever. Has Brexit broken things at BW as well?