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Australian wool production forecast

The latest Australian Wool Production Forecasting Committee's (AWPFC) third forecast of shorn wool production for 2025/26 season is 244.7 million kilograms greasy. This is 12% lower than the 2024/25 estimate and a 6.8 Mkg greasy downward revision of the August 2025 forecast.

The latest Australian Wool Production Forecasting Committee's (AWPFC) third forecast of shorn wool production for 2025/26 season is 244.7 million kilograms greasy.

This is 12% lower than the 2024/25 estimate and a 6.8 Mkg greasy downward revision of the August 2025 forecast.

Average cut per head is expected to be comparable with 2023/24, at 4.45kg greasy, down 0.2%.

Committee Chairman, Stephen Hill said "Seasonal conditions continue to bite in some key wool producing regions, particularly in southern New South Wales and Victoria. Wool prices are currently 40% higher than last season and sheepmeat prices remain high which has improved producer sentiment regarding wool production. However, sheep numbers remain at historically low levels and are likely to take 18 to 24 months to increase due to low numbers of breeding ewes and continued strong demand for mutton and lamb”.

“The high cost of replacement breeding ewes and concerns regarding stock water availability over summer, particularly in Victoria, are expected to temper any short-term recovery in sheep numbers”.

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