- Location
- North Wales
Shepherds also need to take some responsibility and produce a decent product instead of chasing tight skinned lambs and moaning the price of wool is poor when they produce a poor quality fleece.
Wool
- Thread starter copse
- Start date
It would be far simpler if the wool board paid you when your wool was sold and not this advance payment and then paying the rest after.
People might understand how it works then that the board are selling on your behalf and not buying it from you. This year might be a chance to do that in future. They need to change something or there won't be a wool board.
People might understand how it works then that the board are selling on your behalf and not buying it from you. This year might be a chance to do that in future. They need to change something or there won't be a wool board.
Hilly
Member
- Location
- Scottish Borders.
Go away and do your home work before commenting any more .
Just been sent that by a friend. Not a bad use for it but would it be a big enough market?
- Location
- East Sussex
The BWMB will not be paying an advance payment on wool it receives this season. Normally it pays an up front payment of around 15% of the value of the wool. It will be paying last years balance payment for what has been sold, however almost a third is unsold. The Board pays the producer the auction price for each grade less the marketing costs of grading, packing, testing and auctioning.
Unfortunately as already mentioned the textile plants in Wuhan have been closed since January and China takes by far the most raw wool of any country in the world. This has meant that the auction system has virtually ground to a halt everywhere in the world. Like for like NZ and British Wool that has been traded the British has been a higher value than the NZ.
Most of the wool sold lately has been the cheapest and will have been low quality hill wool and locks. There was a sale yesterday of around a million kilos but only 45% was sold at a low price.
This time of the year the BWMB will be taking in close to a million kgs a week, so if they are only selling around 500k kilos every 2 weeks and paying out the balance payment to producers, eventually there is a double whammy of running out of cash and the wool stores will run out of space.
It is interesting that the so called Irish buyers are not even offering a price and will not be very keen to take any of the lower quality wool as it will not be worth them even handling it!!
Unfortunately as already mentioned the textile plants in Wuhan have been closed since January and China takes by far the most raw wool of any country in the world. This has meant that the auction system has virtually ground to a halt everywhere in the world. Like for like NZ and British Wool that has been traded the British has been a higher value than the NZ.
Most of the wool sold lately has been the cheapest and will have been low quality hill wool and locks. There was a sale yesterday of around a million kilos but only 45% was sold at a low price.
This time of the year the BWMB will be taking in close to a million kgs a week, so if they are only selling around 500k kilos every 2 weeks and paying out the balance payment to producers, eventually there is a double whammy of running out of cash and the wool stores will run out of space.
It is interesting that the so called Irish buyers are not even offering a price and will not be very keen to take any of the lower quality wool as it will not be worth them even handling it!!
livestock 1
Member
We were getting fa for wool before corona though
- Location
- Dumfries & Galloway
Not true!
Last years payment (so 2018 wool), my wool grade sheet had over 100kg priced at around £4/kg. That is what I got paid for that 100kg - so if BWMB take 50% for their costs it was valued at £8/kg ex farm!!!
Just plain Jane Lleyn ewes. Nothing special. My wool crop averaged £1.20/kg. Granted, that means there was a lot of shyte not worth much - but I sent in 1,400kgs in 2018.
There is value, folks need to get away from coloured wool - Blackie, Swale, Herdwick and Suffolk ewes...
livestock 1
Member
Well that wasn’t my experience and I have over 1000 mule ewe fleeces included in my clip plus the rest. Most folks around me get fa as well. Not worth pissing about with.
- Location
- Dumfries & Galloway
I shear nearly 1000 Scotch Mules a year, neither of those farms get as much a wool cheque as my ewes give me. They dont get the kgs of wool per ewe or overall p/kg...
Hilly
Member
- Location
- Scottish Borders.
Throw it on the fire then.
livestock 1
Member
I sent 96 bags in and honestly it was a waste of time
livestock 1
Member
You mustn’t have burned much wool in your time then
Hilly
Member
- Location
- Scottish Borders.
Don’t then.
livestock 1
Member
I had no intention of
- Location
- Dumfries & Galloway
Hilly
Member
- Location
- Scottish Borders.
Funnily enough I sell it .
livestock 1
Member
Peaty Swales not with much either
livestock 1
Member
So do I
- Location
- East Sussex
The BWMB do not take 50% but the total costs are around 40p per kg. Not a problem for wool valued at £1.00 per kg but a big problem for that which is only 35p!!!
livestock 1
Member
I might be able to sell a few on eBay