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AWEX EMI
1210
-22
Micron 17
1663
-15
Micron 18
1585
-28
Micron 19
1515
-25
Micron 20
1469
-15
Micron 21
1448
-17
Micron 22
1450n
-
Micron 23
1441n
-
Micron 25
730
-
Micron 26
598
-6
Micron 28
430
-10
Micron 30
363
-
Micron 32
330
-5
Micron 16.5
1722
-26
MCar
724
-8
Australian wool production forecast
The latest Australian Wool Production Forecasting Committee's forecast of shorn wool production for 2024/25 is 280 million kilograms greasy.
The latest Australian Wool Production Forecasting Committee's forecast of shorn wool production for 2024/25 is 280 million kilograms greasy.
This figure is an 11.8% decrease on the 2023/24 estimate, with declines ranging from more than 18% in WA and SA, to around 8–9% in NSW, VIC and QLD, and 1.1% in TAS.
Average cut per head is expected to be comparable with 2023/24, at 4.45kg greasy, down 0.2%.
Committee Chairman, Stephen Hill said "the revised forecast reflects the continuing drought conditions in western Victoria and South Australia and a decrease in the number of sheep shorn and shorn wool production in all states. Commodity prices, input costs and variable seasonal conditions continue to impact sheep producers’ decisions regarding their enterprise mix, particularly in WA where wool test volumes and first-hand auction offerings were down by 17.8% and 21.2% respectively to the end of March.”
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