Industry News

The Australian Wool Production Forecasting Committee (AWPFC) maintained its forecast of shorn wool production for the 2017/18 season at 340 million kilograms greasy, the same as its final estimate for production in 2016/17.

Committee Chairman, Russell Pattinson said that “after the excellent seasonal conditions experienced across Australia for some or all of 2016/17, conditions have become more mixed. Seasonal conditions in some regions including much of Victoria and the south-east of South Australia, are reported to be very good, but other areas, including parts of Western Australia, the Western Division of New South Wales and key wool growing regions in Queensland, have been dry. While fleece weights in Spring are likely to be good, there is likely to be a moderation in the average wool cuts per head in some areas as the season progresses. Overall, the season average wool cut per head is expected to slide by 1.2%. This contrasts with the 3.4% increase in average cut per head estimated for 2016/17.”