Cal-Wool and Roswell Wool Consolidating
October 14, 2005
October 14, 2005 -- Citing the need to entice more foreign buyers to their wool market as a motivating factor, Cal-Wool Marketing Association in Sacramento, Calif., has entered into a marketing agreement with Roswell Wool in Roswell, N.M. The agreement states that, as of Jan. 1, 2006, both warehouses will be combining their volumes of wool clip to be offered for sale at the Roswell location.
"Because domestic wool buyers are diminishing, we are finding ourselves catering to foreign buyers," said Diego Olagaray, secretary/treasurer of Cal-Wool Marketing Association Cooperative. "In order for them (foreign wool buyers) to justify the expense to attend our sales, we need to be able to offer them greater volumes of wool. In turn, we hope this change leads to a higher return for our growers."
There will no longer be a warehouse facility in California; instead Cal-Wool will designate pick-up points throughout California. The wool will then be shipped to Roswell Wool for handling and marketing.
Members of the Cal-Wool Association should not notice a difference in the way their wool is handled according to Mike Corn, co-owner and manager of Roswell Wool. Roswell Wool will be handling the wool for sale; however, John Mackenzie, general manager of Cal-Wool will remain the direct contact for the association's members.
"I am tickled to death that the members of the Cal-Wool Association think enough of our marketing system to trust us to market their wool for them. I think it is a step in the right direction for their producers as well," said Corn.
"Cal-Wool is being proactive with the development of this agreement. We have seen some problems start to rise and we believe that consolidation is a way to solve those issues," said Olagaray.