Wool...what will you do with yours...

neilo

Member
Mixed Farmer
Location
Montgomeryshire
I’m letting the wool board grade and auction mine, because the auction system is the only way to get a fair price.
Those direct buyers might offer you an extra penny today, but as soon as they’ve finished off the auction system, you’ll be totally in their hands.

Isn’t that what you live auction mart guys keep telling us? Why would it be any different for wool?

There was an Irish fella that posted his wool ticket on Facebook a few weeks ago, showing where he’d received 5c a kilo for it. That is the reality of only having private buyers, controlling the market.
 

Anymulewilldo

Member
Livestock Farmer
Location
Cheshire
Rang the wool board the other day. Asked what they thought. They said I could either send it or keep it till next year if I had space. Fella said the price at auction is improving fast so next years cheque for this years wool and the balance of last years could be a lot better than anticipated.
I've put all mine on the loft in the old barn. It can stay there till next year if needs be and it won't be in my way.
 

Stw88

Member
Location
Northumberland
Burnt all our swale wool wasn’t worth someone’s time packing it then the diesel delivering it. Have bagged the white wool and will hold onto it till cows come in and will probably take it to the Irish, who will by then should have increased their prices. Have herd they have upped them once already.
 

neilo

Member
Mixed Farmer
Location
Montgomeryshire
Burnt all our swale wool wasn’t worth someone’s time packing it then the diesel delivering it. Have bagged the white wool and will hold onto it till cows come in and will probably take it to the Irish, who will by then should have increased their prices. Have herd they have upped them once already.

On an apparently rapidly rising market, surely having the wool board auction it over the next 12 months and paying every producer a pool price for each grade, would pay better than taking whatever the Irish think they can get away with paying at the time?
 

Optimus

Member
Wool board can have ours.will drop it off no doubt a few days before the collection centre closes.as long as I get something I'm not bothered.at the end of the day I don't keep sheep to make money out of wool.
 

Paul E

Member
Location
Boggy.
On an apparently rapidly rising market, surely having the wool board auction it over the next 12 months and paying every producer a pool price for each grade, would pay better than taking whatever the Irish think they can get away with paying at the time?
Maybe.
But I don't like this "we'll pay a bit now and then an indeterminate price sometime later".
Wouldn't be so bad if it was a straighforward "we'll pay you (some of) what we get for it, when we get it".
But then, I don't think anyone is going bust if they didn't get anything for it, or if they did, they would have done anyway.
 

CHAP Webinar - Innovative tools to overcome the challenges of Regen Ag

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Applying principles of regen ag can incur a range of on-farm challenges. Learn how innovative tools & machinery can help with these hurdles.

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