Wool Pool

The Kentucky Sheep and Wool Producers and the New River Valley Sheep Group will this year to conduct a Wool Pool.

What is a Wool Pool?

A wool pool is a way of marketing like grades of wool together for a set price. The purpose of the Wool Pool is to cut out the "middle man" and provide a wool buyer a volume of wool that has been graded and bundled in bales. The buyer, in turn, offers the producers a higher per pound price because the Pool did the grading and baling for them. 

To learn more about the Wool Pool, check out the FAQs below. 

Date: June 5, 2021

Time: Drop-off from 9am-2pm (EST)

Location: Oran C. Little Research Unit

1171 Midway Road, Versailles, KY 40383

Please bring this form with you.

At this time there is no ability to bring wool early, however stay tuned to this page for updates.

2021 Prices

$0.31/lb Black Face 

$0.31/lb White Face

$0.17/lb Burry

$0.17/lb Short (lamb)

Wool Pool FAQs

Who can sell at the wool pool?

Anyone who can bring wool to the pool can participate. The Wool Pool is a service offered to members of our associations, therefore if you are not a current Kentucky Sheep and Wool Producers member, you will be asked to join prior to selling in the Pool.

What are the receiving times?

Receiving times will be from 9am-2pm (EST). You are asked to stay and help bale your wool. Therefore, please plan to stay at the Pool for at least 30-45minutes. 

Do the prices for the wool change each year?

Yes, the prices of wool can change daily. Therefore, prices for the wool pool are negotiated as close to the wool pool date as possible. However, once we post the prices to our membership, the price will not decrease from the published rate. 

What is the difference between the different wool grades?

The grading of the wool is very simple.  Black face wool comes from black/dark face breeds (Hampshire, Suffolk, Shropshire, Southdown, etc,  and crosses of these breeds.  White face wool comes from white face breeds (Dorset, Corriedale, Columbia, Cheviot, etc and crosses of white face breeds)  Black wool is any wool that is not pure white or has any black fibers in it.  Burry wool is contaminated with cockleburrs.  Short wool would include any of your solid white lamb fleeces or any short staple wool.  Lamb wool from dark face breeds will be graded as black wool, not short. 

 

Who is the buyer of the wool?

Chargeurs Wool USA Inc won the bid for this year's wool pool.  Chargeurs is a wool buying company out of South Carolina.  

What makes the wool pool a good place to market my wool?

The Wool Pool has received a good price in recent years which is due to the associations efforts to market a quality product.  In fact, wool pool prices have been as high as $0.38/lb higher than general market price! Efforts includes careful grading, eliminating hair or kemp from the wool, avoiding mixing dark wool fibers in the white wool, and marketing clean wool.  Please keep these points in mind as you prepare your wool clip for this year's wool pool. Baling of the wool has also made the pool more attractive to buyers.  Baling makes the wool easier to handle and ship.

KSWPA works year round to negotiate expenses for insurance, baler bags, transportation, equipment maintenance, and wool grading to give producers the maximum amount of return on wool sold in the wool pool.

Past wool prices:                       
2015       $0.92/lb                               
2016       $0.94/lb                              
2017       No wool pool
2018       $0.50
2019       $0.50
2020       No wool pool
2021       $0.31 ($0.26/lb higher than current market price)

Note: You may be asking why is there such a price drop from 2019 to 2021? The wool markets closed in February of 2020 due to Covid. There was no wool bought in the entire year of 2020. Therefore, wool buyers are looking at a surplus of wool to purchase this year. To meet their price points, they will offer less per pound so they can purchase more wool.

Is there anything in my wool that could make it not sell at the wool pool?

Do not bring wool that is contaminated with hair.  Hair will not be accepted.  Wool bags that contain hair and wool together will be rejected.   It is important to maintain the integrity of the pool.  If we sell wool bales that are contaminated with hair, the buyers will not bid on the wool in future years.

Can the wool be wet?

Do not bring wet wool to the pool.  If your wool does get wet, it can easily and quickly be dried if it is taken out of the bag and left in the sun and wind to dry for a few hours.

 

Can wool with sheep marking paint be sold at the pool?

Yes, the paint can be scoured out of the wool.

 

Can we sell lamb wool?

Lamb wool is acceptable. However, make sure you do not put black hairs and/or wool in with white wool. Lamb wool from black face breeds will receive the black wool grade.

 

Does the fleece from each sheep have to be in one piece like it was shorn by a professional?

The wool is not sold by individual fleece.  Therefore, it does not matter if you shear on a stand and the fleece is shorn into pieces.   All of the wool is baled once it is weighed and graded.  The wool is easier to handle when loading it into the balers if it is in one piece.

 

What should I bring my wool in?

It is preferred that wool be brought to the pool in burlap or plastic wool bags.  Do not bring wool in plastic/poly feed bags or tied with plastic twine. You can order bags from Mid States Wool. We estimate that for 35 head, you will need 2 bags.

 

I have a commercial herd with some black faced sheep. Can I mix my wool with “black faced” wool?

Keep white-faced wool separated from “black faced” wool.  Do not “hide” black wool in lamb or burry wool bags.  Black wool contamination will cause the entire bag to be classified as black wool

 

How long do I need to volunteer when I bring my wool to the pool?

To efficiently manage the pool and get the wool baled, consignors are asked to have the "volunteer" spirit and help bale the wool.   Staying and working for 30 minutes to an hour will greatly help the labor load.