Baling press for compacting goods, in particular waste material made of cardboard, leaves or grass, to form a bale sheathed with at least one wire loop, consisting of: - a baling press housing in which an opening is incorporated for introducing the material to be pressed and in the interior of which a pressing chamber is provided, - a ram which is mounted in the baling press housing so as to be axially movable and extends adjacent to the opening and by means of which, together with the baling press housing and a door, the pressing chamber is closed, - and at least one wire which has a predetermined length and can be inserted into the baling press housing and the ram to form the wire loop, a packaging device being provided for introducing the wire into the interior of the baling press housing and the ram by means of the packaging device, the wire being inserted into and guided out of the baling press housing through at least one opening incorporated into the door, characterized in that the separated wire is stored separately in a magazine in the form of a drum, the drum is arranged at an inclined angle α on the upper face of the baling press housing and in that the relevant wire can be transported out of the drum in the direction of the baling press housing by means of the drive unit, and in that the drum can be rotated about the longitudinal axis thereof and the relevant shaft incorporated into the drum can be moved and oriented in alignment with the drive unit. consisting of: - a baling press housing in which an opening is incorporated for introducing the material to be pressed and in the interior of which a pressing chamber is provided, - a ram which is mounted in the baling press housing so as to be axially movable and extends adjacent to the opening and by means of which, together with the baling press housing and a door, the pressing chamber is closed, - and at least one wire which has a predetermined length and can be inserted into - a baling press housing in which an opening is incorporated for introducing the material to be pressed and in the interior of which a pressing chamber is provided, - a ram which is mounted in the baling press housing so as to be axially movable and extends adjacent to the opening and by means of which, together with the baling press housing and a door, the pressing chamber is closed, - and at least one wire which has a predetermined length and can be inserted into the baling press housing and the ram to form the wire loop, a packaging device being provided for introducing the wire into the interior of the baling press housing and the ram by means of the packaging device, the wire being inserted into and guided out of the baling press housing through at least one opening incorporated into the door, characterized in that the separated wire is stored separately in a magazine in the form of a drum, the drum is arranged at an inclined angle α on the upper face of the baling press housing and in that the relevant wire can be transported out of the drum in the direction of the baling press housing by means of the drive unit, and in that the drum can be rotated about the longitudinal axis thereof and the relevant shaft incorporated into the drum can be moved and oriented in alignment with the drive unit.