Wool growers to give asset serious consideration

wool-growersA farming leader believes that wool growers will acutely consider the investment put forward from a new wool marketing co-operative.

Federated Farmers' Meat and Fiber section vice-chair Jeanette Maxwell says that it is the first most important investment opportunity for strong wool farmers further than the farm gate in a long time.

Wool Partners Co-operative Limited is advising to put back the existing Wool Partners International joint venture company which is formed two years ago, with a totally farmer-owned enterprise.

It desires to elevate at least $65 million from growers and half of the country's strong wool clip, and is presenting shares at a $1 per kilo of greasy wool.

Jeanette Maxwell is also an Mt Hutt farmer. He says that she's likely to catch up the offer if the co-operative has the right tactics in place.

She alleged that sheep farmers will economically support the co-op if it advances their returns and the sustainability of the total deliver chain.

A farmer director of the new wool marketing co-operative considers that investing in the company could be the only hope for sheep farmers to make a much-needed amend in the under pressure wool industry.