9110 version 3 27-Aug-13 1 of 3 WOOL CLASSING Provide growers with wool market information level: 4 credit: 5 planned review date: March 2004 sub-field: Wool Harvesting purpose: This unit standard is for people working in the rural servicing industry. People credited with this unit standard are able to: advise growers on the marketing of their wool; provide price indication for wool in the shearing shed; and inform the growers of the sale result and options for action if the wool is passed in. entry information: Open. accreditation option: Evaluation of documentation and visit by NZQA, industry and teaching professional in the same field from another provider. moderation option: A centrally established and directed moderation system has been set up by the Primary Industry Training Organisation. special notes: None. New Zealand Qualifications Authority 2016 9110 version 3 27-Aug-13 2 of 3 WOOL CLASSING Provide growers with wool market information Elements and Performance Criteria element 1 Advise growers on the marketing of their wool. performance criteria 1.1 Possible long term market trends are identified in terms of currency fluctuations, importing countries’ economies and politics, current stockpiles, and wool in pipeline. 1.2 Current market values and trends are explained using words and a tone appropriate to the grower’s level of understanding. 1.3 Explanation establishes sale options for the grower. Range: auction, tender, forward selling, electronic trading, private sale, timing of sale, use of reserve price. element 2 Provide price indication for wool in the shearing shed. performance criteria 2.1 Price indicated for wool is based on market trends. 2.2 Calculation for the price is explained using words and tone which is appropriate to grower’s level of understanding. New Zealand Qualifications Authority 2016 9110 version 3 27-Aug-13 3 of 3 WOOL CLASSING Provide growers with wool market information element 3 Inform the growers of the sale result and options for action if the wool is passed in. performance criteria 3.1 Variations between sale result and valuation are justified with reasons based on market trends. 3.2 Further marketing options if wool is passed in are explained using words and tone which is appropriate to grower’s level of understanding. Comments on this unit standard Please contact the Primary Industry Training Organisation standards@primaryito.ac.nz if you wish to suggest changes to the content of this unit standard. Please Note Providers must be accredited by the Qualifications Authority or a delegated interinstitutional body before they can register credits from assessment against unit standards or deliver courses of study leading to that assessment. Industry Training Organisations must be accredited by the Qualifications Authority before they can register credits from assessment against unit standards. Accredited providers and Industry Training Organisations assessing against unit standards must engage with the moderation system that applies to those standards. Accreditation requirements and an outline of the moderation system that applies to this standard are outlined in the Accreditation and Moderation Action Plan (AMAP). The AMAP also includes useful information about special requirements for providers wishing to develop education and training programmes, such as minimum qualifications for tutors and assessors, and special resource requirements. This unit standard is covered by AMAP 0052 which can be accessed at http://www.nzqa.govt.nz/framework/search/index.do. New Zealand Qualifications Authority 2016