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The Australian Wool Production Forecasting Committee’s fourth forecast of shorn wool production in 2019/20 is 281 mkg greasy. This is a 6.3% decline on the 300 mkg estimate for 2018/19 as lowsheep numbers and the enduring impact of drought continue to constrain production.
The Committee’s first forecast for 2020/21 is for shorn wool production to be 276 mkg greasy, a fall of 1.6% compared with the current season. Low sheep numbers, opportunistic cropping in mixed farming regions and uncertainty surrounding wool prices are expected to contribute to a slowrecovery in shorn wool production despite the favourable seasonal outlook in many wool production areas.
The monthly comparisons of Total Lots, Bales and Weight for April 2020 compared with the same period last season are:
-11.6%, -8.4% and -8.0% respectively.
The National Council of Wool Selling Brokers of Australia (NCWSBA) is calling for nominations for the 2020 NCWSBA Wool Broker Award. The Award is in its ninth successful year and recognises excellence in service to woolgrowers, auctioneering and/or innovation by an outstanding wool broker employee who is working for a NCWSBA member and has been in the wool broking industry for 10 years or less.
The monthly comparisons of Total Lots, Bales and Weight for March 2020 compared with the same period last season are:
-9.2%, -4.6% and -3.9% respectively.
AWTA Ltd realises that the trading of Australian wool critically depends on the test results we produce.
I’d like to assure you that AWTA Ltd is taking all practical steps it can in response to the outbreak of COVID-19 in Australia and has in place procedures to minimise any disruption to wool testing services.
AWTA Ltd has, like most other businesses, put in place a policy requiring staff to report any exposure to the COVID-19. This includes staff who may have the misfortune to be directly exposed to COVID-19 or who may have come into contact with someone who was exposed.