How do Woolcheque prices relate to my brokers valuations or my auction sale prices?
Woolcheque prices are estimates based on historical auction data only, with daily prices based on the last auction sale day for your region. Woolcheque estimates are based on the prices achieved for all wool sold of that type on that day. Valuations from your wool broker or advisor generally take into account characteristics of your clip compared to other wools sold on that day. Wool brokers also apply their understanding of anticipated market movements to give you an estimate of what your wool may make in any future sale. Woolcheque does not do this and hence you may prefer to seek advice from your wool broker or advisor. Please read our market disclaimer for more information.
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