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

yellowbelly

Member
Livestock Farmer
Location
N.Lincs
This time next year will you be taking your wool to them to release your payment for this year's wool or writing them a letter?
It will depend how they perform.

I get all the stuff about 'the WB is the only way to make sure there's not an Irish monopoly where they'll pay us whatever they can get away with', etc, etc but there's only so much producers will take (just look at how many have jumped ship already).

Could have had 40p, cash in hand last year as opposed to the 12p, average, 12 mths later, in the return above.
Could have had 45p now as opposed to ???? this time next year, so I'm prepared to wait and see if all their supporters are right in that it will be much better next year.

If some of the comments above (backed up, IMHO, by the tone of their letters and texts) is anything to go by, they're noticing that they're not getting as much wool.
I normally deliver to our nearest grading depot (Stamford) but they've shut that this year otherwise it would have been interesting to see how busy they were, in relation to other years.
Less wool = higher cost per kg to grade etc and therefore less back to us. I think they've got themselves into a vicious circle but our local and regional WB representatives assure me that they are happy with the situation. Hence, I'm prepared to wait and see.

This time next year, Rodney :scratchhead:
 

Fendt516profi

Member
Livestock Farmer
Location
Yorkshire
It will depend how they perform.

I get all the stuff about 'the WB is the only way to make sure there's not an Irish monopoly where they'll pay us whatever they can get away with', etc, etc but there's only so much producers will take (just look at how many have jumped ship already).

Could have had 40p, cash in hand last year as opposed to the 12p, average, 12 mths later, in the return above.
Could have had 45p now as opposed to ???? this time next year, so I'm prepared to wait and see if all their supporters are right in that it will be much better next year.

If some of the comments above (backed up, IMHO, by the tone of their letters and texts) is anything to go by, they're noticing that they're not getting as much wool.
I normally deliver to our nearest grading depot (Stamford) but they've shut that this year otherwise it would have been interesting to see how busy they were, in relation to other years.
Less wool = higher cost per kg to grade etc and therefore less back to us. I think they've got themselves into a vicious circle but our local and regional WB representatives assure me that they are happy with the situation. Hence, I'm prepared to wait and see.

This time next year, Rodney :scratchhead:
But you don't get the payment released till you take next year's do you?
 

Nithsdale

Member
Livestock Farmer
Well my wool will be going to DB wools this year for the first time, it’s gone to the wool board since we started farming but not this time….I’ve just rang and booked it in for next week

2g8khm.jpg
 

andybk

Member
Livestock Farmer
Location
Mendips Somerset
Which highlights the point that there are 3 choices
1) Select and improve your wool so that you get a decent return from it (y)
2) Breed the wool off your sheep (y)
3) Keep on whinging about how you don't get paid enough for the a crap product that you can't be arsed to do anything about :banghead:
At some point it will have a value , i really cant see a environmentally friendly product like wool being valueless for long , not saying i would breed for it , but low values encourage entrepreneurial business to look a bit more closely at whats available, that can only get more important as time goes on and primark gets put under the spotlight which its starting to be in last 12 months
 

Tim W

Member
Livestock Farmer
Location
Wiltshire
At some point it will have a value , i really cant see a environmentally friendly product like wool being valueless for long , not saying i would breed for it , but low values encourage entrepreneurial business to look a bit more closely at whats available, that can only get more important as time goes on and primark gets put under the spotlight which its starting to be in last 12 months
I agree but i've been thinking this for the last 20 years and it hasn't happened yet
When was the last time your wool cheque covered all the COP?
It needs to be £/kg not p/kg before you start covering costs and thinking about profit

I think if you are going to have it then you have to breed for it ---just like any other trait, select and improve slowly over time towards producing something the market wants and will pay for
 

muleman

Member
I agree but i've been thinking this for the last 20 years and it hasn't happened yet
When was the last time your wool cheque covered all the COP?
It needs to be £/kg not p/kg before you start covering costs and thinking about profit

I think if you are going to have it then you have to breed for it ---just like any other trait, select and improve slowly over time towards producing something the market wants and will pay for
You will be going the wrong way fast if you start breeding for wool.....dont think many of us expect to get rich off the wool but its a sad state of affairs if they cant give us a pound a ewe, when they start billing us ,or saying as a goodwill gesture they will overlook the charges , enough is enough!
 

neilo

Member
Mixed Farmer
Location
Montgomeryshire
It will depend how they perform.

I get all the stuff about 'the WB is the only way to make sure there's not an Irish monopoly where they'll pay us whatever they can get away with', etc, etc but there's only so much producers will take (just look at how many have jumped ship already).

Could have had 40p, cash in hand last year as opposed to the 12p, average, 12 mths later, in the return above.
Could have had 45p now as opposed to ???? this time next year, so I'm prepared to wait and see if all their supporters are right in that it will be much better next year.

If some of the comments above (backed up, IMHO, by the tone of their letters and texts) is anything to go by, they're noticing that they're not getting as much wool.
I normally deliver to our nearest grading depot (Stamford) but they've shut that this year otherwise it would have been interesting to see how busy they were, in relation to other years.
Less wool = higher cost per kg to grade etc and therefore less back to us. I think they've got themselves into a vicious circle but our local and regional WB representatives assure me that they are happy with the situation. Hence, I'm prepared to wait and see.

This time next year, Rodney :scratchhead:

Using your quoted figures, your 950kg of wool would have returned you £266 more if you’d sold to the privateers last year, rather than BW. That, in a year when the price is on the floor and BW’s cost can only be marginally reduced.

Would that £266 really make much difference to your life, given that everyone doing so would mean the end of the auction system for wool, and put us all into the hands of a few private buyers?
Those that chose to sell lambs deadweight get criticised on here, even though they receive that premium on every trailer load, not a whole year’s production.🤐

Personally, I’m happy to stand that for the long term benefit that the auction system provides. £266 isn’t enough to make me get excited I’m afraid.
 
I agree but i've been thinking this for the last 20 years and it hasn't happened yet
When was the last time your wool cheque covered all the COP?
It needs to be £/kg not p/kg before you start covering costs and thinking about profit

I think if you are going to have it then you have to breed for it ---just like any other trait, select and improve slowly over time towards producing something the market wants and will pay for
I have thought long and hard on this subject. But as a small time grazier I'm not sure I can leave rubbed off wool hanging on someone else's stockfence.
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 104 40.6%
  • Up to 25%

    Votes: 93 36.3%
  • 25-50%

    Votes: 39 15.2%
  • 50-75%

    Votes: 5 2.0%
  • 75-100%

    Votes: 3 1.2%
  • 100% I’ve had enough of farming!

    Votes: 12 4.7%

May Event: The most profitable farm diversification strategy 2024 - Mobile Data Centres

  • 1,556
  • 30
With just a internet connection and a plug socket you too can join over 70 farms currently earning up to £1.27 ppkw ~ 201% ROI

Register Here: https://www.eventbrite.com/e/the-mo...2024-mobile-data-centres-tickets-871045770347

Tuesday, May 21 · 10am - 2pm GMT+1

Location: Village Hotel Bury, Rochdale Road, Bury, BL9 7BQ

The Farming Forum has teamed up with the award winning hardware manufacturer Easy Compute to bring you an educational talk about how AI and blockchain technology is helping farmers to diversify their land.

Over the past 7 years, Easy Compute have been working with farmers, agricultural businesses, and renewable energy farms all across the UK to help turn leftover space into mini data centres. With...
Top