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Traditional Auction
Elders specialist wool staff conduct weekly auctions in the three major selling centres of Brooklyn, Victoria, Spearwood, Western Australia and Yennora, New South Wales.
Elders has the industry’s leading auctioneers and sales teams, trained specifically to maximise prices for your wool. Our direct link to the buyers in the rooms through our own buying team allows us to have market information for our clients at any time – even during a sale. This also allows for the most up to date and relevant information to be passed to our growers so that they can make the best decisions around the right time to sell.
Elders provides one of the world’s largest catalogues attracting extensive interest and competition from all buyers with guaranteed quick and secure payment of sale proceeds.
Mill Direct
When you market your wool through an Elders Mill Direct, Elders are able to offer your wool directly to our close network of international processors at your own set price. It provides the opportunity to receive valuable feedback on your product and build strong relationships for future orders.
Through Elders Wool International (EWI), we have long-standing relationships with multiple international mills that provide woolgrowers a marketing option that few other agents can offer.
Over the past 150 years, the Elders wool service has grown and expanded beyond the traditional agent model. It now encompasses extensive investments in wool broking services and international processing, as well as our indent buying business where we buy Australian wool on behalf of our international clients. These services deliver new and innovative marketing options to our clients.
Our extensive range of products, services, facilities and alliances help growers achieve maximum returns for their wool.
How Elders Mill Directs work
- Select a container of your wool
- Set the price and sale location
- Elders then offers your wool to mills throughout the world
- Once a buyer is found, you sell your wool directly to the mill
- All payments are promptly secured by Elders
Indent Grid
The Elders Wool Indent Grid is a simple selling option that links wool growers directly with exclusive orders from off-shore mills. Wool growers receive a net offer in Australian dollars (AUD) at the farm gate from an off-shore mill for a parcel of wool. They can then choose to sell their wool on the day of shearing if the price is attractive or decide to wait until auction.
If they choose to accept the offer, EWI will facilitate the order and manage the conversion of the price from the off-shore mill into AUD, organise shipping and logistics and transfer ownership in the most economical way possible, meaning that less margin is taken out along the chain. The grower incurs the same broker charges as they do at auction.
Growers can choose to sell from as few as 2 bales of wool, up to 200 bales.
Wooltrade
Elders now offers you the best of both worlds in wool marketing. Not only can we help you get the most out of 'on-line marketing' with Wooltrade, but also our experienced wool specialists will continue to assist you with all other aspects of your wool preparation and marketing requirements.
- You have access to an easy to use, proven, respected world wide web wool marketing system
- Your wool is accessible to buyers 24 hours a day, 7 days a week
- You reach local and international buyers and exporters wherever they happen to be - airports, hotels, in the office or at home
- You will be listing your wool on a system widely respected and utilised by the buying trade
- You can take immediate advantage of price spikes
- You control your reserve by contacting your local Elders Wool Manager
- Instant access to buyers and exporters using 'internet on-line marketing'
Elders will help you list your wool with Wooltrade giving you instant access to worldwide buyers and exporters via 'on-line marketing'.
Also with Wooltrade you're not limited to regional buyers - all the registered buying companies and exporters across Australia can instantly access your wool. - Gives everyone more flexibility
Wooltrade helps you by keeping your unsold wool on the market 24 hours a day, 7 days a week. And it helps buyers wanting to immediately fill an order when there's no other wool sales activity. - Set your selling price for wool in store
Elders will work with you to set a price for wool already in store. When a buyer logs on and is happy to pay your reserve price your wool is sold. With Wooltrade you are more likely to capture price spikes as they happen, and if you want to change your selling instructions you can immediately, by ringing your Elders District Wool Manager. - Proven success
In the past twelve months of trading, over 40,000 bales have been sold on Wooltrade and the sales volume is increasing each month.
The wool types sold range from 15 to 35 micron and includes fleece wool, skirtings and oddments.
Auction Forward
The Elders Auction Forward service is one of the most successful product offerings as it provides security of price with growers able to lock in a price up to two years in advance with no funding required. 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 which allows transparency in price at settlement with full competition.
Elders have the simplest and most flexible product on the market for growers to manage their price risk management, allowing the constant rising input costs to be managed in an effective way.
To find out more please contact the National Wool Selling Centre on 1800 817 107.
Feature sales
Organic & EU Eco feature sales
In response to the growing consumer demand for organic and EU Eco wool, Elders have developed the Organic and EU Eco Wool special feature sales. Attracting world wide competition, new markets for Organic and EU Eco wool, and by offering commercial quantities of these wool types at auction, these sales have attracted substantial premiums above the market when compared with corresponding non-organic wool types.
What is Organic wool?
- Wool produced on a property which has achieved organic accreditation from a registered authority (3 year certification process).
- Because of the nature of organic production, organic wools have no chemical residues.
- Registered organic certification bodies in Australia include: NASAA and Australian Certified Organic (ACO).
What is EU Eco wool?
- Unlike organic wool, certification is not required. Minimum, rather than nil chemical residues can be present in the wool.
- Sheep can be treated strategically with certain pesticides and still achieve the residue limits.
- Wool growers sign a declaration at time of delivery based on their knowledge of chemical application to the wool.
- Wool samples are residue tested independently through the CSIRO before they are labelled as such to ensure EU Eco residue requirements are met.
- Data suggests that 40-45% of Australia’s wool clip is produced within EU Eco label criteria.
Contacts
For more information about the Organic certification process, the EU Eco Scheme or marketing please contact your local Elders Wool Manager.
For further information:
CSIRO
Environmental EU Ecol
http://ec.europa.eu/environment/ecolabel/news/newsarchiv_en.htm
Organic Advice/Education TM Organics
http://www.tmorganics.com/
Organic Certification Bodies
http://www.nasaa.com.au/
http://www.australianorganic.com.au/
Premier Wool
Elders offers unique marketing opportunities with their Premier Wool Services.
Elders believe that specialist wool growers should be distinguished as accomplished wool professionals. Elders Premier Wool enables these clips to be identified by wool processors as well prepared wools with a strong depth of genetics.
Elders Premier Wool was established at the request of both major top end processors and specialist wool growers, resulting in the development of genuine supply alliances from fibre to fabric.
As an Elders Premier Wool Grower you receive a number of unique services, tailored to your sheep and situation, plus the core range of Elders wool services.
These include:
- Processor Feedback
- Personal buyer feedback
- Separate catalogue and dedicated show floor facilities
- Detailed analysis of your product
- Access to the Elders fully integrated supply chain
- Market analysis describing what your customers want
- Practical, actionable advice that adds value to your business
- Access to the people that will be buying your clip
- Industry recognition for your specialist wool
- A highly experienced and specialist team of wool advisors
- Specialist flock management advise
- Access to quality assurance programs
Speak with your local Elders wool manager for more details.
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