The monthly comparisons of Total Lots, Bales and Weight tested for May 2024 compared with the same period last season are:
-17.2%, -15.6% and -15.5% respectively.
The Australian Wool Traceability Hub is an opportunity for the Australian wool industry to get ahead of the curve when it comes to Australian wool’s Emergency Animal Disease (EAD) response plan as well as end-to-end commercial traceability from farm to first stage processor.
Read more: Australian Wool Traceability Hub – 90% of Wool to be Traced by 2025
The IWTO Congress, hosted this year by Wool Industries Australia (WIA) in conjunction with IWTO, is the annual meeting point for the global wool industry.
The monthly comparisons of Total Lots, Bales and Weight tested for April 2024 compared with the same period last season are:
+13%, +17.5% and +17.8% respectively.
The Australian Wool Production Forecasting Committee (AWPFC) has updated its forecast of shorn wool production for the 2023/24 season. The fourth forecast is for production of 324 million kilograms (Mkg) greasy, 1.0% lower than the 2022/23 estimate and a 4 Mkg greasy downward revision of the December forecast.
Read more: Australian shorn wool production forecast of 324 Mkg greasy in 2023/24