Wool Market Update Spring 2021

Written by CCWG Tuesday, April 20, 2021

Wool Market Update

Spring 2021

The wool market continues to struggle in 2021 due to the ongoing effects of the global Covid pandemic. Fine wools have made better recovery progress but marketing broader wool types can be a challenge, particularly for grades containing high vegetable matter and with low yields or poor colour. There is a surplus of unsold coarser wool types in every wool producing country in the world with a new clip coming to market. This is mainly due to the China / USA trade conflict in 2019 and then followed by Covid-19 which has had a dramatic impact on wool demand from March 2020 onwards. However, we are seeing some signs of improvement which is encouraging.

The entire global textile chain has been impacted for various reasons, some of which are as follows.

Many mills have operated at significantly reduced capacity due to Covid and cancelled...

Leave a Comment | Read More

Posted in Company News

The first collection of 100% Canadian wool, handcrafted rugs: a collaboration between The Campaign for Wool, Sarah Richardson and Creative Matters Inc.

Written by CCWG Monday, February 1, 2021

The first collection of 100% Canadian wool, handcrafted rugs:
a collaboration between The Campaign for Wool, Sarah Richardson and Creative Matters Inc.

Homegrown Canadian wool is transformed by Canadian interior design experts to unveil its natural beauty and potential.

TORONTO, December 7th -- In celebration of its 10-year global anniversary, The Campaign for Wool Canada has partnered with world-renowned interior design expert Sarah Richardson and custom handmade rug designers Creative Matters Inc., in creating the first collection of 100%, handcrafted, Canadian wool rugs. The collection is now...

Leave a Comment | Read More

Posted in Company News

2020 Annual Report and financial statements

Written by CCWG Wednesday, January 13, 2021

Shareholders can download the
2020 Annual Report and financial statements

Just click the picture below to download

COVER PHOTO COURTESY OF: / PHOTO DE COUVERTURE GRACIEUSETÉ DU:
David Willard, Stonebrae Farm, Amherst Island, ON

CCWG Wool Industry News / Nouvelles de l”industrie de la laine

Written by CCWG Wednesday, October 21, 2020

CCWG Wool Industry News
Nouvelles de l'industrie de la laine

CCWG recently held Management and Board of Director meetings at the 102^nd Annual General Meeting held via Zoom video conference on October 17^th, 2020.
La CCWG a récemment tenu des réunions avec la direction et le conseil d'administration lors de la 102e Assemblée générale annuelle tenue par vidéoconférence Zoom le 17 octobre 2020.

The 2020 elected Board of Directors are as follows:
Le conseil d’administration a été élu comme suit:

Executive Committee / Comité exécutif:

President / Président - David Mastine, St. Felix de Kingsey, QC

1st Vice President / 1er vice-président - Allan E. Ribbink, Tiverton, ON

2nd Vice President / 2e vice-président - Ruth Mathewson, Central North River, NS

- Morgan A. Moore,...

Leave a Comment | Read More

Posted in Company News

CCWG Wool Market and Business Update – Fall 2020

Written by CCWG Thursday, October 15, 2020

2019 / 20 Wool Market Update

Download Report

In 2019 we reported that the global wool market was under extreme pressure due to the ongoing China / USA trade conflict. This created widespread uncertainty and indecision throughout the entire global wool supply chain and value chain partners. The end result was that new business was very difficult to conclude and many countries carried significant stock of greasy wool, processed wool and unsold textiles into the 2020 wool marketing season. The consensus at the time was that better marketing conditions would prevail, there was optimism of better days ahead with continued progress being made on a new China / USA trade agreement.

When the news broke in January 2020 just prior to the Chinese New Year that a highly contagious virus had been identified in Wuhan City, China it became a game changer. Little did we know of the significant ramifications that it would have on our everyday life as it quickly spread around the...

Leave a Comment | Read More

Posted in Company News

2020 AGM

Written by CCWG Friday, September 25, 2020

2020

NOTICE OF ANNUAL GENERAL MEETING / AVIS DE L'ASSEMBLÉE GÉNÉRALE ANNUELLE

102nd Annual General Meeting of the / la 102e l'assemblée générale annuelle de
Canadian Co-operative Wool Growers Limited

The CCWG Board of Directors have made the difficult decision to cancel the physical AGM that was previously planned to take place on October 17, 2020 in Prince George, BC.

As an alternative the AGM will now be presented in a virtual format via Zoom.

Company News