A call has been made for the wool industry to collaborate to get better returns for farmers. PHOTO: STEPHEN JAQUIERYPrimary Wool Co-operative and Wools of New Zealand are in formal discussions about combining operations. In July, the Wool Industry Project Action Group — charged with looking at opportunities to improve returns for the beleaguered crossbred wool sector — released a report saying a new approach was needed. Collectively, the shareholders of WONZ and Primary Wool Co-operative, along with other farmers supplying PWC’s joint venture Carrfields Primary Wool, produced more than a third of New Zealand’s strong wool clip. Wools of New Zealand had 730 grower shareholders representing about 14.5millionkg of annual strong wool production.

Source: Otago Daily Times August 30, 2020 16:30 UTC