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Forecast for Australian Wool Production unchanged in 2016/17

29 August 2016

The Australian Wool Production statement Committee (AWPFC) adjusted its forecast of shorn wool production for the 2016/17 season to 325 million kilograms greasy, a similar level as its revised estimate for the 2015/16 season. shorn wool production of 325 mkg greasy in 2015/16 is six.1% not up to in 2014/15.

Committee Chairman, Russell Pattinson aforesaid that “after associate degree extended amount of dry seasonal conditions in several major sheep manufacturing areas, there are intensive rains since might that have brought immensely improved seasonal conditions and prospects for 2016/17. several regions ar currently reportage wonderful conditions, that ar expected to lead to higher average wool cuts per head in 2016/17. However, for a few states, this improvement is unlikely to become evident till summer and into season 2017 as spring cutting off can are tormented by the dry conditions up to season this year.”

A key influence on wool production in 2016/17 are lower gap sheep numbers. The terribly dry conditions within the western 1/2 Victoria, south-east South Australia, Tasmania, components of recent South Wales and throughout Queensland for abundant of 2015/16 resulted in a very continuing turn-off of sheep and lambs across abundant of Australia. whereas those choices can mean fewer sheep sheared in these areas in 2016/17, the improved seasonal conditions ar expected to examine producers holding additional sheep this season.

The Committee estimates that sheared wool production in 2015/16 was 325 mkg greasy, a fall of six.1% on 2014/15. this is often below the seven-membered decline within the weight of wool tested by AWTA in 2015/16. This distinction is because of the actual fact that a number of the rise in wool tests, receivals and auction offerings late within the 2014/15 season was attributed to the discharge of on-farm stocks. This stock wasn't on the market purchasable in 2015/16. The Committee’s estimate for 2015/16 additionally compares with the five.9% decline in initial hand wool offered at auction in 2015/16 according by AWEX.

The Committee noted that for the 2015/16 season, AWTA take a look at knowledge showed a big increase within the weight of wool sixteen.5 metric linear unit and finer and no amendment within the volumes of seventeen metric linear unit wool. There was a decline within the volumes of wool for all different metric linear unit ranges broader than seventeen metric linear unit and a big drop by wool volumes between twenty one.6 and 23.5 microns. The mean fibre diameter for Australia in 2015/16 was twenty one.0 microns, a similar as in 2014/15.

Shorn wool forecasts by State are on the market within the Committee’s August report, which is able to be free shortly.

The National Committee thespian on recommendation from the six State Committees, every of which has growers, brokers, merchandising merchants, representatives from State Departments of Agriculture, and therefore the Australian Wool Testing Authority. knowledge and input was additionally drawn from AWTA, AWEX, wool exporters, the Australian Bureau of Statistics, ABARES, and Meat and stock Australia.

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