The Canadian Co-operative Wool Growers saw a 2.5 percent increase in gross wool sales in the last fiscal year, selling almost $10.4 million worth of product.
In a news release issued after its Oct. 18-20 annual meeting, it said there was net income of $425,599 from all business operations.
“Difficult wool marketing conditions for broader wools continued in 2017-18. This resulted in lower wool sales in our value-added wool trading division of almost 14.5 percent compared to the previous fiscal year,” the CCWG said in the release.
China is the main export destination for Canadian wool, but it is also marketed in five other countries.
Read Also
Farming Smarter receives financial boost from Alberta government for potato research
Farming Smarter near Lethbridge got a boost to its research equipment, thanks to the Alberta government’s increase in funding for research associations.
2018 was the co-operative’s 100th year in business.
The national wool certificate of merit recipients for 2017 in Western Canada are as follows:
- Rupert Durose — Duck Paddle Farm, Plumas
Shearer — Rupert Durose
- Steve and Jeanette Lewis, McAuley
Shearer — Steve Lewis
- Heidi Clarke — Willow Island Farm, Saskatoon
Shearers — Bill and Heidi Clarke
- Bonny and Norman Lee, Pangman
Shearer — Cliff Metheral
- Dale and Dawn Montgomery, Maple Creek
Shearer — Cliff Metheral
- Richard and Wanda Perrault, Val Marie
Shearers — Lorrie Reed and crew
- Jordon Preston, Vauxhall
Shearers — John Beasley, Shaun Fajnor, Dwight Galenzoski, Paul Preston
- Shannon and Don Horkoff, Vulcan
Shearer — Jeff Fielding
- Dennis Gellings, Dawson Creek
Shearers — South Peace Colony, Birch Hills Colony
