Wool clip to rise but a fall for WA
Australia’s shorn wool production is tipped to rise to 345 million kilograms for the 2017-18 season, as producers rush to shear amid high prices.
But while production estimates have increased for NSW, Victoria, South Australia and Tasmania in 2017-18, they have fallen slightly for WA and Queensland.
The Australian Wool Production Forecasting Committee’s latest report attributed the 1.4 per cent national rise, up from its original forecast of 340Mkg, to the high volume of wool sold.
Committee chairman Russell Pattinson attributed WA’s fall, from an expected 71.1Mkg to 66.6Mkg, to poor seasonal conditions after an “exceptional season in 2016-17”.
“Other regions have seen excellent conditions, notably in the western half of Victoria and the south-east of South Australia,” he said. “Fleece weights in these regions have been good and are likely to increase in these states as a result.”
While the weight of wool tested by the Australian Wool Testing Authority in the first five months of 2017-18 increased 5 per cent, the committee expected wool volumes to slow in the second half of the season. The report said this was partly because some clips, usually delivered in the second half, would have already been sold.