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AWEX EMI
1189
-2
Micron 17
1651n
+23
Micron 18
1572
+10
Micron 19
1507
+11
Micron 20
1441
+1
Micron 21
1407
-10
Micron 25
732
-
Micron 26
600
+12
Micron 28
433
+6
Micron 30
365
+5
Micron 32
335
+5
MCar
680
-29
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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