NZ woolgrowers sending under-weight bales to market are costing their industry more than $1.3 million per annum, says a senior wool industry executive. Malcolm Ching, manager for NZ Wool Services International, says farmers can improve returns for themselves and the whole industry by ensuring all wool bales are sold at or above a viable weight. "An estimated 20% of bales are currently packed and presented for sale too light, around 125kg greasy: 55kg under weight,. resulting in, an extra five bales . The cost of packs , freight ,additional selling costs incurred in handling the wool and then handling charges for scouring or shipping now adds up to a totally unnecessary cost of $265 or around 42.5c/kg, with the overall cost to the industry around $1.3 million.
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