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Fibre to Fashion
Australian Markets| Selling| Risk Management| Buyer Requirements

 

Australian Markets

1. We’re investing to bring Australian wool to world markets
To link you with international demand we have set up a central wool exchange desk. The Elders Exchange Desk will accurately co-ordinate transactions between you, buyers and our network, for sales outside the auction system.

The Elders Exchange Desk provides another marketing channel, giving you a mechanism to sell wool quickly and efficiently outside the auction system and still maintain competition with all major buyers

2. We’re investing in new Australian wool based products
We remain committed to developing new wool-based products such as Denimwool and Woollen Blend Towels. Why? Firstly, it’s important an Australian company encourages the use of wool in new products. Secondly, the potential is enormous – a 5% share of the jeans market would absorb an extra 250,000 bales of Australian wool!


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Selling

3. We’re investing in new selling options
We want you to have access to the widest possible range of potential buyer interest to ensure your clip is exposed to maximum competition and you get the best possible price.

In addition to the traditional auction process our specialist wool team can advise you on Forward Contracts, and Wooltrade Electronic Offerboard. Plus when you use the Elders Exchange Desk we offer you Open Mill Orders and Price Express.

4. We’re investing in processes needed to reduce selling costs
Our investment in a cents per kg charging structure means your wool handling charges are automatically reduced. Plus, with our substantial investments in the wool chain, including investment BWK Elders, brings you and the buyer(s) closer together to help reduce costs even further.


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Risk Management

5. We’re investing in Risk Management tools
You can’t control the weather, but you can control your income by locking in a guaranteed price before shearing with Elders Risk Management. We are Full Associate members of the Sydney Futures Exchange and are qualified to advise on futures, forward pricing and hedging strategies.

Our Portfolio Management team helps you determine your true production costs and agreed price targets for each of your lines. We monitor world markets to help you identify the best selling opportunities for your clip as they occur.

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Buyer Requirements

6. We’re investing in uncovering buyer requirements
Our investment in organisations such as BWK Elders means that we know exactly what’s going on and together we can uncover the requirements of buyers and processors to get meaningful feedback that will ultimately help increase your returns.

7. We’re investing in increased feedback to wool growers
It’s one thing to understand buyer requirements, but it’s another matter to make this information actionable. Because we are involved in just about every aspect of the wool chain we can report back to you with expectations and how you can benefit.

8. We’re investing in building premium prices for premium wool
Elders Premier Wool Services has been established to work with specialist wool growers. A separate catalogue, specialist sheep classing, fleece testing advice, quality assurance accreditation, market intelligence, supply chain management programs and ‘real’ links with spinners and garment marketers are all part of these programs which are exclusive to Elders.

9. We’re investing to deliver cashflow relief for wool growers
Finally, our Shearing Advance, Cash for Crossbreds and Interest Free Merchandise Advance enables you to free-up you cash flow and alleviate additional pressures on your finances.

Work with Elders to maximise your returns.

Contact your local branch or District Wool Manager.

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