The Australian Wool Production Forecasting Committee forecasts that shorn wool production for 2015/16 will decline by 7.0% to 322 mkg. This reflects a combination of a 4.8% fall in shorn sheep numbers and a 2.3% drop in average fleece weights.
Read more: Decline in Australian wool production in 2015/16 greater than expected
The monthly comparisons of Total Lots, Bales and Weight for November 2015 compared with the same period last season are -4.3%, -7.2% and -6.6% respectively.
The AWTA Raw Wool Melbourne Laboratory will be closed for business on Tuesday, 3 November 2015 for the Melbourne Cup Public Holiday. As this is a metropolitan Melbourne public holiday, all other AWTA Raw Wool laboratories and regional operations will be open for business as usual on this day.
The monthly comparisons of Total Lots, Bales and Weight for October 2015 compared with the same period last season are -7.5%, -7.0% and -6.7% respectively.
The monthly comparisons of Total Lots, Bales and Weight for September 2015 compared with the same period last season are -5.6%, -6.4% and -6.2% respectively.