Maximise returns for your wool
Elders provides a range of selling tools and options to help you maximise sales of your clip, including auction, auction forward, Wooltrade, and AuctionsPlus Wool.
Determine what it costs to produce a kilo of wool
It’s critical that you accurately calculate your wool production costs in order to find the most efficient process and market in which to sell your clip.
Working out your total production costs will help you determine the right price and timing in which to market and sell your wool output to both domestic and international markets.
How should I sell my wool?
Based on your calculated costs per kilo, our team can help you choose the most appropriate way to sell your wool in order to get the best return on your investment.
Let our team help you choose from the following options to best suit your unique selling needs.
This option provides security of price, allowing you to lock in a price up to two years in advance with no funding requirements. The price set in the Auction Forward is based on the best available price from all forward markets at that time. Growers sell their wool through the traditional auction system, allowing for transparency in price at full competition of settlement.
We have the simplest and most flexible product on the market for growers to manage their price risk management, which allows the constant rising input costs to be handled in an effective way.
Elders can ensure your clip is presented for sale at the highest possible standard, with 100% buying attendance each week and the largest catalogue in the agricultural trade. Our expert team comprises of the industry’s leading auctioneers, trained specifically to maximise prices for your wool.
Wooltrade offers you the best of both worlds in wool marketing. Use Wooltrade to leverage the power of online marketing to gain instant access to buyers and exporters around the world. Our experienced wool specialists will continue to assist you with all other aspects of your wool preparation and marketing requirements.
AuctionPlus Wool gives your potential buyers the ability to purchase your product 24 hours a day, 7 days a week. With the assistance of your Elders District Wool Manager, you can take immediate advantage of wool industry price spikes, control your reserve price and change your selling instructions.
For more information, visit the AuctionPlus website.
eClips is an online selling option that is being trialled to suit producers who are after a simple, cost effective way to sell wool, with minimal local support. By registering online, you will receive all information regarding the sale of your wool directly to your inbox via a central contact and by managing the sale yourself, you will benefit from competitive flat rate pricing which is inclusive of insurance, brokerage and storage costs for 21 days.
Organic & EU Eco sales
Demand for organic and EU Eco Wool continues to grow around the world. This wool segment has attracted world-wide competition, with sales attracting substantial premiums above the market average when compared with corresponding non-organic wool types.
- Organic wool is produced on properties that have achieved organic accreditation from a registered authority.
- Due to the nature of organic wool production, this wool product contains no chemical residues.
- Obtaining organic wool certification is a 3 year process.
- Registered organic certification bodies in Australia include NASAA and Australian Certified Organic (ACO).
- Unlike organic wool, certification is not required for wool being sold as EU Eco Wool, and minimal chemical residues can be present on the clip.
- Sheep can be treated strategically with certain pesticides while still achieving residue limits.
- Wool growers must sign a declaration at time of wool delivery based on their knowledge of chemical applications applied to the wool.
- Wool samples are residue tested independently through the Commonwealth Scientific and Industrial Research Organisation (CSIRO) before they are labelled as such, to ensure EU Eco Wool residue requirements are met.
- Reported data suggests that 40% to 45% of Australia’s wool clip is produced within EU Eco Wool label criteria.
Want to know which selling options will work best for you?