Securing Our Future with ZQrx Forward Contracts
At East Loddon, we’ve always believed that growing the best wool isn’t just about what happens in the paddock – it’s also about how we secure its value for the future. That’s why we work closely with ZQrx, a program that not only champions the highest standards of quality, animal welfare, and sustainability, but also gives growers like us the ability to access forward contracts.
Forward contracts give us certainty in an uncertain market. By locking in prices ahead of time, we can plan with confidence, knowing that our hard work will be fairly rewarded regardless of short-term fluctuations in global wool prices. Last year, this approach paid off in a big way: our wool sales were 25% above the market rate, thanks to the forward contracts we had entered into.
For us, this isn’t just about better margins. It’s about stability, resilience, and the ability to keep investing in our farm, our animals, and our family’s future. It means we can continue to do what we love – producing natural, traceable, world-class wool, without being at the mercy of every market swing.
The ZQrx framework connects our values in the paddock with long-term commercial outcomes. It rewards integrity, transparency, and sustainable farming practices, ensuring that the right kind of wool is also the most valuable. For East Loddon, forward contracts are more than a financial tool: they’re a way to honour our legacy, safeguard our livelihood, and help shape a stronger future for growers everywhere.