AWI Developed Web Site to Help Wool Producers

July 22, 2005

    July 22, 2005 -- Australian Wool Innovation Limited (AWI) rolled out Woolcheque, a new web-based program that is set to change the way wool producers in that country go about setting their reserve prices and developing their marketing strategies. It is simple and easy to use and the woolgrower is always in control.
    Woolcheque is a wool-pricing tool that allows producers to quickly price lots against daily market values, as well as view similar lots sold at auction to verify the price estimates. The site explains different wool characteristics, shows historical trends and offers tips that may be useful to wool-growing enterprises.
    AWEX-ID is utilized on the site for the appraisal and description of the non-measured characteristics of your wool. A price estimate is determined by combining the AWEX-ID with the objective measurements (test results).
    U.S. growers and warehousemen can use this site to check market prices for specific lots of wool in Australia.
For more information, visit www.woolcheque.com.au.

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