Wool Growers thrive amid global downturn

Written by Tom Van Dusen Friday, January 17, 2020

The century old woolgrowers'  co-op has seen sales rise even as global demand has dropped.

Carleton Place - Although it depends on an international market which has been experiencing “rough ride”, Canadian Co-Operative Wool Grower continues to post warm and fuzzy numbers. 
“Wool prices have been quite volatile which has created chaotic conditions for mills and de-valued inventories,” says CCWG General Manager, Eric Bjergso. “European processors have reported consumer demand has dropped by more than 20 per cent due to trade and economic uncertainty.”
Within this context, in the last fiscal, CCWG recorded gross sales of more than $11.5 million representing an increase of 11.2 % over the previous fiscal while achieving net income of $514,135 from all business operations.
In terms of wool production, a 9.7 % increase was recorded.
Profitablility was up at CCWG retail locations across the land to the tune of9.7 % over the previous discal year; as a result of the respectable numbers, the board of directors once again authourized a dividend payment o 7% to all...
Posted in Company News

Canadian shearer set a new world shearing record in a Waikato woolshed in New Zealand

Written by Angie Skerrett - NewsHub Monday, December 9, 2019

Congratulations to Pauline Bolay!

A Canadian shearer who set a new world shearing record in a Waikato woolshed on Saturday has paid tribute to a New Zealand shearing couple who were the inspiration for the challenge.
Pauline Bolay, who works for a shearing contractor in Waikaretu, smashed the women's solo eight-hour strongwool lambs record of 507.

Posted in Shearing News

Women's 8 hour Lamb World Record attempt

Written by CCWG Wednesday, November 20, 2019

Pauline Bolay from Manitoba will be in New Zealand for the Women's 8 hour Lamb World Record attempt on December 10, 2019.

Check out her Facebook event and give her your support!
    https://www.facebook.com/events/567922977343625  
 
Pauline Bolay is attempting the solo women’s 8 hour strong wool lamb record currently 507, held by Kerri- Jo Te Huia.
This will be held on Waikaretu Valley Road at a venue still to be decided, Waikaretu, South Auckland, N. Z.
Referees will be: Grant Borchardt (Convener) Australia, Bart Hadfield, Ian Buchanan, Robert McLaren N.Z
For more info, please go to http://shearingrecords.co.nz/
Posted in Shearing News

CCWG Wool Market and Business Update – Fall 2019

Written by CCWG Friday, November 15, 2019

CCWG Wool Market and Business Update – Fall 2019

2018 / 19 Wool Market Update

The wool market has been experiencing quite a rough ride for the current wool marketing year.  During the first quarter the market seemed to be on track for stable conditions with both fine wool and crossbred types achieving reasonable prices and demand.  There were expectations at the time that good progress was being made for a new China / USA trade agreement.

This situation however was short lived from April onwards as a number of factors came into play.  Traditionally the market for wool is at its best and consumer confidence is greatest when there is positive growth in global economies and a stable worldwide political environment.  The current situation of widespread indecision and uncertainty has had a detrimental effect on all value chain partners within the entire wool textile industry.  China is the world’s largest market for woolen garments of which approximately 45% is for domestic consumption and the remaining 55% for export.  The escalation of the China / USA...


101st Annual General Meeting

Written by CCWG Friday, November 1, 2019

CCWG 101 year logo

The 101st Annual General Meeting of the 

Canadian Co-operative Wool Growers Limited 

October 19th 2019

Old Orchard Inn & Spa, 153 Greenwich Rd South, Greenwich, Nova Scotia B4P 2R2

2018 Wool Certificate of Merit Winners

2019 Wool Industry News

101st Shareholder Annual Report

Posted in Company News

World Sheep Shearing and Woolhandling Championship

Written by Allison Preston Tuesday, August 6, 2019

2019 has been a big year for France on the international stage. 

France was the host nation for the Championnat du Monde de Tonte de Moutons (World Sheep Shearing and Woolhandling Championship). Delegations of 34 countries converged at the village of Le Dorat from July 1st - 8th for a week of events occasionally referred to as the Olympics of shearing.

Canadian Cooperative Wool Growers Limited sponsored veteran worlds competitor Donald Metheral of Ontario and Pauline Bolay of Manitoba as Canada’s machine shearers, as well as a woolhandling team consisting of Amber Peterson of Prince Edward Island and Allison Preston of Alberta.

The week began on July 1st as teams arrived in France and made their way to Limoges a city near Le Dorat for a Speed shear and concert to welcome them. Tuesday, July 2nd, was a training day, with the teams traveling to local farms to practice on the local sheep breeds that would be used in the competition. While competitors were busy preparing: family, friends, and other supporters were offered a selection of farm tours to the area, as Le Dorat is part of the famous Limousine region of France....

Posted in Shearing News