The Australian Wool Production Forecasting Committee’s second forecast of shorn wool production in 2019/20 is 285 mkg greasy. This is a 5% decline on 2018/19 is due to lower sheep shorn numbers.
Read more: Drought continues to push Australian wool production lower
The monthly comparisons of Total Lots, Bales and Weight for July 2019 compared with the same period last season are:
-5.7%, -5.9% and -5.3% respectively.
The Board and Management of AWTA have announced that there will be no increase in general raw wool fees for the 2019/20 wool selling season, commencing 1st July 2019.
The monthly comparisons of Total Lots, Bales and Weight for June 2019 compared with the same period last season are:
-23.2%, -25.8% and -25.6% respectively.
The monthly comparisons of Total Lots, Bales and Weight for May 2019 compared with the same period last season are:
-14.8%, -17.3% and -17.3% respectively.