According to a report by “Australian Finance Online” on April 22, Russell Pattinson, chairman of the Australian Wool Production Forecast Committee (AWPFC), said that due to the increase in sheep and lamb slaughter rates this quarter, the number of sheep herds may further decrease. , the Committee therefore expects wool production in the 2015/16 financial year to fall 2.7% from the 2014/15 financial year to 332 million kilograms. Starting from the next quarter, the number of sheep in Australia may drop by 3.5% from the initial number in the first quarter of this year to 69,100. Raw wool production in the 2014/15 fiscal year (ending June 31 this year) will be the same as in fiscal 2014, at 341 million kilograms.
AWPFC stated that in the 2015/16 fiscal year, New South Wales will lead Australia in wool production, with an estimated output of 128.1 million kilograms of greasy wool, ahead of Victoria (71.9 million kilograms), Western Australia (66.4 million kilograms), and South Australia (56.1 million kilograms). kg), Queensland wool production is expected to decline by 24.8% to 810 kg. Pattinson said that although the number of sheep in Australia will decrease slightly this year, the current production situation in many wool-producing areas in Australia is better, and the average raw wool output of a single sheep will increase. The offset of the two will not bring any impact on the overall wool output. to have a greater impact. Wool-producing areas with better production conditions include southern New South Wales, northern South Australia and parts of Victoria.
AWPFC pointed out that data from the Australian Wool Testing Authority (AWTA) showed that in the first nine months of the 2015 financial year, the output of wool with a fineness of 17.5 microns and below decreased, with a fineness of 18-19 microns, 22-23 microns and Wool production of broad wool (fineness above 27 microns) has increased. This result has resulted in the average Australian wool fiber diameter increasing by 0.2 microns over the same period so far.
The Australian Wool Production Forecast Committee combines the opinions of state committee branches, breeders, brokers, private contractors, state agricultural representatives and AWTA representatives to arrive at the above analysis. Data comes from the Australian Wool Exchange (AWEX), Wool Exporters, Australian Agricultural Resource Economics (ABARES), Australian Bureau of Statistics (ABS), Australian Wool Inspection Service, Meat and Livestock Australia (MLA).
