The Australian Wool Production Forecasting Committee’s second forecast of shorn wool production in 2020/21 is 280 mkg greasy, down 1.1% on 2019/20.
Read more: Australian shorn wool production stabilises in 2020/21
Under new Stage 4 COVID-19 restrictions announced yesterday by the Victorian government, AWTA Raw Wool would like to reinforce we will continue to remain open as a Permitted Industry.
The monthly comparisons of Total Lots, Bales and Weight for June 2020 compared with the same period last season are:
+0.6%, +3.7% and +4.4% respectively.
The monthly comparisons of Total Lots, Bales and Weight for July 2020 compared with the same period last season are:
-16.3%, -15.1% and -14.4% respectively.
In an effort to remain financially viable over the years, the wool industry's peak testing organisation, the Australian Wool Testing Authority, has diversified into other industries.