Rum liquors up wool and fenc­ing at Fer­gu­son Wool

North East & Goulburn Murray Farmer - - The Australian Sheep & Wool Show 2014 -

AT first glance, it seems some­what in­con­gru­ous that Fer­gu­son Wool Co Pty Ltd should be a rum mer­chant as well as a wool and fenc­ing mer­chant.

How­ever, the rum is ac­tu­ally Beaulieu Rum, a liq­uid fer­tiliser the com­pany be­gan sell­ing in re­cent years from its ru­ral mer­chan­dise stores in Bendigo, Shep­par­ton, Mary­bor­ough, Kerang and Wed­der­burn.

Longer term, over its 144 year his­tory, such is the com­pany’s rep­u­ta­tion for fair deal­ing that it has been buy­ing wool from some fam­ily farms for five gen­er­a­tions.

Its most pop­u­lar pur­chase op­tion is to of­fer a guar­an­teed price for the wool.

“What we quote is what you re­ceive net af­ter tax,” said man­ag­ing di­rec­tor David Martin.

He said Fer­gu­son Wool of­ten had or­ders that al­lowed it to pay the full auc­tion price for main lines in a wool­shed.

Other op­tions in­clude a con­sign­ment op­tion where a guid­ance test is made on the wool in-store and the wool is sold as the mar­ket dic­tates a fully tested op­tion for large and specialist grow­ers and a cash op­tion for small clips and odd­ments, in­clud­ing dags.

Mr Martin said with the con­sign­ment op­tion the grower has con­trol of the wool un­til it is sold and is able to take the mar­ket price at any time, know­ing the value of the clip be­fore it leaves the farm.

He said the con­ve­nience of do­ing busi­ness lo­cally by ne­go­ti­a­tion and not un­der the ham­mer ap­pealed to many of the com­pany’s clients.

For more in­for­ma­tion phone (03) 5448 4879 or go to the com­pany web­site at www. fer­gu­son­wool.com.au.

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