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The monthly comparisons of Total Lots, Bales and Weight for August 2014 compared with the same period last season are -1.9%, +3.3% and +3.5% respectively.
The Australian Wool Production Forecasting Committee's second forecast for 2014/15 has revised shorn wool production to 328 mkg, down 3.7% from 2013/14 levels. This decrease reflects the reduction in sheep numbers due to the high slaughter rates in 2013/14 even though average fleece weights are expected to increase marginally.
Over 400 fleeces that were entered into this year’s Australian Fleece Competition in Bendigo in July 2014 have been sold at a charity Auction, raising almost $8,000 for the Make-A-Wish foundation. The fleeces were all donated by wool growers and sold by Landmark.
The monthly comparisons of Total Lots, Bales and Weight for July 2014 compared with the same period last season are -10.5%, -7.4% and -6.9% respectively.