The export of food from Australia to China is growing at a rapid rate.
Read more: Exporting food from Australia to China made easier
The Australian Wool Production Forecasting Committee’s third forecast of shorn wool production in 2019/20 is 272 mkg greasy. This is a 9.2% decline on 2018/19 that is attributable to lower sheep shorn numbers and lighter average fleece weights due to continuing dry conditions in key wool growing regions.
Read more: Australian wool production falls as dry conditions continue
The monthly comparisons of Total Lots, Bales and Weight for September 2019 compared with the same period last season are:
-15.9%, -14.6% and -14.2% respectively.
The monthly comparisons of Total Lots, Bales and Weight for October 2019 compared with the same period last season are:
-6.3%, -4.4% and -3.8% respectively.
The monthly comparisons of Total Lots, Bales and Weight for August 2019 compared with the same period last season are:
-18.0%, -19.8% and -19.5% respectively.