Australian shorn wool production is expected to decline 3.7% year-on-year in the 2014-15 season, says a new report.
As per a report generated by Australian Wool Production Forecasting Committee (AWPFC), shorn wool output is forecast to drop to 328 million kilograms in 2014-15, down 3.7% from the 2013-14 season.Australian shorn wool production is expected to decline 3.7% year-on-year in the 2014-15 season, says a new report.As per a report generated by #
Commenting on the fall, AWPFC Chairman Russell Pattinson said, “The fall in shorn wool output reflects a decline in 2014-15 opening sheep numbers and the expected number of sheep to be shorn, impacted by high sheep slaughter rates in 2013-14".
Regionally, expected declines in 2014-15 wool production for New South Wales, Queensland, Victoria, Western Australia and Tasmania, outweigh the expected increase in South Australia.
AWPFC based its report on data collected from six regional AWPFC office, each of which includes brokers, growers, private treaty merchants, representatives from State Departments of Agriculture, and the Australian Wool Testing Authority.
Data and input were also drawn from AWEX, wool exporters, the Australian Bureau of Statistics, ABARES, AWTA and Meat and Livestock Australia.
Mr Pattinson added, "Queensland and northern New South Wales shorn wool production is expected to be the most affected due to the ongoing tough seasonal conditions, while South Australia has seen a recovery as a result of the good season in that state".
However, the national average fleece weight is expected to rise marginally.
AWPFC also finalised the 2013-14 shorn wool production estimate at 341 million kilograms, in line with ABS wool data and AWTA test data.
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