The latest 2006/07 forecast is based on 103.1 million head of sheep and lambs shorn at an average of 4.08 kilograms per head (kg/hd).
Initial estimates by the state forecasting committees of the number of sheep and lambs in the Australian flock at the 1st July 2006, are for a flock size of around 100 million head.A continued deterioration in seasonal conditions across Australia, with a failure of late winter and spring rain, has resulted in a further downward #
State by state, NSW 2006/07 production is forecast at 140 mkg, down 10 percent.
Queensland shorn wool production is forecast to fall by 5 percent year-on-year, Victorian production is forecast to decline to 85 mkg greasy, down by 7 percent in 2006/07 year-on-year, and Tasmania and Western Australia are forecast to be lower by 9 percent and 15 percent respectively.
South Australia is the only state to forecast an increase, up 2 percent.
In developing the forecasts the Committee reviewed the latest available statistics from the Australian Bureau of Statistics (ABS), Meat and Livestock Australia (MLA), ABARE, the Australian Wool Exchange (AWEX) and the Australian Wool Testing Authority (AWTA). The Committee also drew on information from the state sub-committees about conditions and trends in the various regions of each state.
The AWI Production Forecasting Committee comprises woolgrowers, wool brokers, exporters, processors, private treaty merchants and representatives from AWEX, AWTA, ABARE, ABS, MLA, DAWA and The Woolmark Company.
Australian Wool Innovation Limited
marketing@alchempro.com
