Australian Wool Will Face A Significant Reduction In Production

The Australian Wool Production Forecasting Committee made the above analysis by integrating the opinions of the branches, farmers, brokers, private contractors, state agriculture representatives and AWTA representatives. Data came from the Australian Wool Exchange (AWEX), wool exporters, the Australian Bureau of Agricultural Resources Economics (ABARES), the Australian Statistical Bureau (ABS), the Australian wool inspection agency, and the Australian meat and Animal Husbandry Association (MLA).

Australian Wool Production Forecasting Committee (AWPFC) chairman Pattinson (Russell Pattinson) said that due to the increase in sheep and lamb slaughtering rates this quarter, the number of sheep may be further reduced, so the Committee expects that in the 2015-16 fiscal year, the output of wool will be reduced by 2.7% to 332 million kg over the 2014-15 fiscal year. In the next quarter, the number of sheep in Australia may be 3.5% to 69 thousand and 100 fewer than the first quarter of this year. In the 2014-15 fiscal year (as of June 31st this year), the output of raw wool will remain unchanged from 2014 in fiscal year to 341 million kg.

AWPFC says new fiscal year 2015-16. wool The output will lead all over Australia. It is expected to produce 128 million 100 thousand kg of fat wool, leading to Victoria (71 million 900 thousand kg), Western Australia (66 million 400 thousand kg), and Nan'ao (56 million 100 thousand kg). The output of Queensland wool is expected to decline by 24.8% to 810 kg. Pattinson said that although the number of sheep in Australia will drop slightly this year, the production situation of several wool producing areas in Australia is better. The average raw wool output of single sheep will increase. The wool producing areas with better production conditions include Southern Xinzhou, Northern Nan'ao Regions and parts of Victoria.

　　 AWPFC Points out that the Australian wool Inspection Bureau (AWTA) data show that in the first 9 months of fiscal year 2015, fineness of 17.5 microns and below the wool production has been reduced, fineness of 18-19 microns, 22-23 microns and wide wool (fineness of more than 27 microns above) production of wool has been improved. This result has resulted in an average fiber diameter of 0.2 microns in Australian wool so far.

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