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Daily 426 - How we can save the Wool industry
Farm Tender Daily - All the news from Thursday, the 11th of July, 2024.
Click here to go to the Farmer Tender website.
By Dwain Duxson
How we can save the Wool Industry - Ken Solly, one of the wise people of Agricultural, wrote a thought-provoking piece in the Stock Journal this week. Take a read first and then come back, it's at the bottom of the page.
The bit where he said: "we get very few Wool products in the smaller category", got me thinking. Yes, it's probably true that Wool wouldn't make many people's wardrobes, maybe because it's too dear; the itch factor still hangs around like a bad smell even though it's not true anymore. Other factors would come into it.
But what if we got our friends at AWI to market Wool on a wear-to-cost ratio? In this cost-of-living-crisis world we live in, we could compare, say, a synthetic t-shirt to a Wool t-shirt; the synthetic one costs, say, $40 and can be worn 100 times max, and the Wool one costs $80 and can be worn 400 times max. So the wear-to-cost ratio is 40 cents a wear for synthetics, and the Wool one was 20 cents a wear. Promote that on the garment label, and away you go.
In this day of AI you could do a test and work out a formula that would be fair to both garments. We know Wool would win because it's a superior product. I wear Wool jumpers every coolish day that I have had for 5 years; some would be older. Image the wear-to-cost ratio on those. So rather than marketing Wool on fluffy words like sustainable, natural, cool, renewable, etc, market it on pure economics and pump that out to the world of value conscious clothes shoppers. If you know anyone in AWI, send this to them for consideration at their next board meeting. Do you have anything to add? Reply to [email protected]
Farm Input Report - See below
For all enquiries, ring Ellen on 0418 137 224 or reply to [email protected]
Listing of the Week - Tube Conveyor - Take $1,000.00 + GST off the RRP for the month of July only! Check it out here.
Fertiliser Update - This week, we have seen the Urea price stay firm at $720.00 + GST per tonne. We are hearing that there is very little prompt urea available for new contracts. There are vessels on the way, but the majority are fully committed. The big question is, where will the price go from here? With the international price going up $16 per tonne, we should expect to see that domestically sooner rather than later. Also, if those much dryer areas in Victoria receive even just a portion of the rainfall required, this will put pressure on supply, and the increased price will follow. There are some suppliers that are quoting mid to late August for new contracts. As mentioned last week, we have limited tonnes remaining on the following for prompt collection.
Geelong - $685.00 + GST per tonne
Brisbane - $685.00 + GST per tonne
Newcastle - $685.00 + GST per tonne
Port Kembla - $695.00 + GST per tonne
We have access to Buy Now Pay Later options with up to 180 day payment terms. Please get in touch to discuss.
Chemical Update - We have been advised that Fungicide supply is becoming very short. Please see the list below of what we have access to:
Apparent Tebupro 420SC 10ltr (Presaro) - $225.00 + GST per drum
Apparent Swoosh 10ltr (Epoxiconazole) - $200.00 + GST per drum
Apparent Azoxystrobin Extra 20ltr - $400 + GST per drum
Apparent Azoxystrobin 250SC 5lt - $130.00 + GST per drum
The price of Glyphosate going forward has come back slightly for October delivery, but we anticipate it to come back again for December delivery.
Please see the below links to some of the stock we have access to:
Glyphosate 540 ex Dubbo
Glyphosate 540 ex Leeton
Glyphosate 540 ex West Wyalong
Glyphosate 450 ex West Wyalong
Current Fertiliser Market Indicative prices: (all prices are Ex GST). Please note that these prices are current market prices, we may have access to products at much better rates. These prices are indicative for when you are being quoted for your fertiliser requirements. Urea - $720.00 (NC) (All Ports) MAP - $1060.00 (Geelong, Portland, Newcastle, Brisbane) (NC) $1,070.00 (Adelaide) - DAP - $1,075.00 (Geelong, Portland, Newcastle, Brisbane) (NC) $1,085.00 (Adelaide), SSP - $639.00 (Brisbane) (NC), $435.00 (Newcastle, Geelong, Portland) (NC), $455.00 (Adelaide) (NC) MoP - $710.00 (All Ports) (NC), SoP - $1,230.00 (Brisbane, Geelong & Adelaide) (NC), $1,270.00 (Newcastle) (NC), $1,240.00 (Portland) (NC), Gran-Am $450.00 (all ports) (NC). Please note: All ports include the following locations: Geelong, Portland, Adelaide, Brisbane, and Newcastle. Ring Ellen on 0418 137 224 for any Fertiliser requirements
The Farmers Club headlines - Our 3 topics tomorrow are:
1) Farmer’s using mentors. This is a ripper idea.
2) Clipping the ticket in Ag is not easy
3) For some reason, Ag doesn’t let you have it all at once
The Farmers Club - Join Ag’s Movers & Shakers Sign up here for free.
Auction next week - See the link here.
Today's Trends - Sales trends included Lucerne Hay, Phalaris Hay, Vetch Hay, Feed Beans, Barley Hay, Barley, Oaten Hay Pellets, Canola, Wheat Straw, Oaten Hay, Post Driver, Windmill, and Urea.
End of message
Dwain Duxson
P - 0427 011 900
E - [email protected]
What was listed today.
What was sold today.
For more info, see the link here - https://shorturl.at/9ovG0
Wise words - See the story above.