Wool Preparation Guide

The Co-operative grades and markets approximately 3 million pounds of raw wool each year. Wool is received directly from the producer by way of truck or rail. It is then graded according to type classification, quality and method of preparation.
In addition to handling wool, CCWG operates Livestock Supply outlets across the country and a Real Wool Shop Boutique at Carleton Place. The Co-operative also publishes an annual magazine entitled The Canadian Co-operative Wool Growers Magazine which is designed to assist the wool producer with information and a mail order catalogue for sheep supplies. Phone, email or fax to receive your free copy today.
Also available, Wool Handling video and Preventing Wool Contamination video. If interested, please send email with name and address (shipping & handling charges apply).

Shareholder Wool Shipper Loyalty Reward Program (SWSLRP)

The Board of Directors have approved a loyalty reward program proposed by management for CCWG shareholders that are also wool shippers. The purpose of this loyalty reward program is to recognize shareholder / wool shippers with a rebate on their wool clip.

Following each year-end and depending on the overall profit from all company business, the Board of Directors will allocate a percentage of the years profit to a reserve account for (SWSLRP). The rebate will then be paid to shareholder / wool shippers in the form of a CCWG profit sharing coupon which can be redeemed for purchasing products at any CCWG branch location. The profit sharing coupon will have no expiry date, will not have a cash surrender value, will not be transferable and the original must be presented at time of redemption. This will be an added bonus for shareholder / wool shippers in addition to the standard shareholder benefits such as the dividend, discount plan etc. The calculation for the rebate will be based on the net weight of the current fiscal years wool clip at a pre-determined rate in cents per pound.

Wool Preparation Incentive Rebate (WPIR)

1) Currently a bonus 2-8¢ per pound is paid on the total net weight of the wool clip (all grades including offsorts)

2) Eligibility is based on bright high yielding wool clips that have been well prepared and skirted with offsorts separated from main fleeces by a newspaper divider or packaged in a separate bag.

3) Shipped in well packed sacks.

Explanation:  The objective of the wool preparation incentive is to reward producers with a bonus for those that have taken the time and effort to present a clean, well prepared and packaged wool clip for grading and marketing. At the time of wool grading, our wool grader assesses if the producers clip qualifies for the bonus, depending on the quality and presentation of the wool clip. Offsorts are defined as the bellies, stained wool and tags.

 

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