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Wool and cotton merge for storage partnership
22
Jul '10
Members of Queensland Cotton, Western Wool and domestic wool farmers came together in a small town called Warren, along with Warren's mayor, Rex Wilson, to launch a unique and joint, wool and cotton storage partnership at the Queensland Cotton ginnery, located on the outskirts of the Warren town.

With the cotton ginning season restricted to just a couple of month per year, it was advisable to combine wool receivable and storage at the said sire. The good is later sent via trucks safe containers for sale in Melbourne and Sydney with advance contracts as a key feature.

Pat Byrne, Area Manager for Western Wool from Wagga Wagga said that, domestic facility would permit farmers to deliver their own wool or another option was that, bales could be picked up by staff for storage.

With Warren being the first cotton facility to receive wool, the firm is now looking forward to expanding in to St George and Emerald in Queensland. The current infrastructure is sufficient to raise the wool footprint and it is also good for the domestic community.

Queensland Cotton is the third largest exporter and with the fast increasing wool division, which is making use of the facility as a whole, will surely expand the wool footprint in to cotton footprint.

Western Wool has a domestic history and hence, with lots of clients for over ten years it is a huge advantage to have a domestic receivable centre.

Byrne informed that, positive signs were being given by the wool industry for the long run and that, the sheep industry could proof profits over the next couple of years, if seasons continue to be the same.

As per Western Wool, Area Manager, Greg Woodlock, around 15,000 bales can be sourced domestically, and also from the surrounding shires of Brewarrina, Coonamble and Nyngan.

Fibre2Fashion News Desk - India

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