Home / Knowledge / News / Textiles / Wool growers want change, Mr Jeff Grant
Wool growers want change, Mr Jeff Grant
09
Dec '10
Time is running out for strong wool growers to bring about grower ownership of their industry.

“Wool growers have told us they want change. Ultimately, they are going to have to make sure it happens,” says Jeff Grant, Chairman of Wool Partners Co-operative Limited.

“Three out of five growers surveyed want a 100 per cent grower owned co-operative to deliver change in the industry. They recognise that only grower control of the supply and marketing of New Zealand's strong wool can achieve the change needed to provide a sustainable future for growers.”

A survey of 300 growers by UMR Research1 shows 60 per cent support the concept of an industry co-operative and a further 15 per cent may do so.

Mr Grant says there is a need for growers who have already indicated support for Wool Partners Co-operative to turn that resolve into action by completing an application for shares.

“While grower support is significant, we have yet to reach our target and more applications must be received before Wool Partners Co-operative can commence operations.”

“Every grower who has subscribed may have a neighbour who intends to do so, but who has not yet submitted their cheque. Now is the time to follow them up and get them to put that cheque in the post.”

Mr Grant acknowledged that the timing of the Wool Partners Co-operative offer was not ideal, coming after two difficult years for many growers and further disruption from lamb losses and possible drought immediately ahead.

“The fact is that there is never going to be an ideal time to launch an initiative for change. If farmers were flush there would be no need for change. The reality is that returns from wool have been declining for many years and have reached a point where change is a necessity."

“As growers we must invest in our future. We must stop competing against each other at the farm gate and invest in the value chain to earn the true worth of the world's finest carpet wool. No-one else has done that for us. No one else will in the future, in spite of the campaign against change from other elements of the industry which is now surrounding the launch of Wool Partners Co-operative.”

Mr Grant says Wool Partners Co-operative will work constructively with all elements of the wool industry – including existing exporters - with the purpose of increasing returns to growers through higher wool prices, rebates and dividends.

Wool Partners Co-operative is an industry-changing opportunity and will benefit not only the strong wool industry but the entire sheep industry.

The platform created over the last two years in establishing Wool Partners International and, most importantly, commercialising Wools of New Zealand into a strong global marketing company, is essential if we are to grow demand and return sustainable value to growers on a long term basis.

“The ability of Wool PartnersCo-operative to pay higher prices for strong wool has been demonstrated by Wool Partners International this week, with its offer of a 70 cents a kilogram premium for wool that meets the specification of LaneveTM. This is a significant step forward that shows the future for the strong wool industry.”


Must ReadView All

GMAC urges Cambodia to push fabric-forward rule in RCEP

Apparel/Garments | On 17th Oct 2017

GMAC urges Cambodia to push fabric-forward rule in RCEP

Representatives from the Garment Manufacturers Association of...

Alibaba to invest $15 billion in DAMO Academy for research

Textiles | On 17th Oct 2017

Alibaba to invest $15 billion in DAMO Academy for research

Alibaba will invest $15 billion over the next several years in its...

Pressure on  Indian textiles exporters to ease by Q3: ICRA

Textiles | On 17th Oct 2017

Pressure on Indian textiles exporters to ease by Q3: ICRA

Pressures on the profit and debt levels of textiles exporters is...

Interviews View All

Top executives
Textile industry

The foremost issue is bridging the skill gap

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.3%
No
13.6%
Skip
9.1%

Total Votes: 66

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
60.6%
No
28.8%
Skip
10.6%

Total Votes: 66

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
84.8%
No
10.6%
Skip
4.5%

Total Votes: 66

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
74.2%
No
12.1%
Skip
13.6%

Total Votes: 66


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search