Tassie wool growth clipped
The Australian Wool Production Forecasting Committee predicts there will be no increased production in Tasmania during the 2016-2017 season.
TASMANIA is the only state where wool production is forecast not to increase this year.
The Australian Wool Production Forecasting Committee released its latest results this week which predicts there will be no increased production in Tasmania during the 2016-2017 season.
Across the country however overall production is expected to be up.
The committee has revised its forecast to 339 million kilograms greasy, which is a 4.3 per cent jump from 2015-2016.
Committee chairman Russell Pattinson said seasonal conditions were a significant factor.
“As the committee expected in December, the excellent seasonal conditions in virtually all of the major sheep producing areas of mainland Australia have resulted in higher average wool cuts per head this season,” he said.
“Some states such as Western Australia, South Australia and Queensland have seen the benefit from the improved seasonal conditions throughout the 2016/17 season and fleece weights are even better than the committee previously expected.”
However for other states, including Victoria, the improved seasonal conditions came later and average wool cuts per head have only increased at shearings from late spring onwards.
“These excellent seasonal conditions combined with the high wool prices in the past few months have also encouraged producers to retain older sheep to help rebuild their flocks and for shearing,” Mr Pattinson said.
Tasmanian production is predicted to remain steady at 9.1 million kilograms. Production in Queensland is expected to jump by 23 per cent this year and by 9.1 per cent in Western Australia.
The 4.3 per cent forecast increase in shorn wool production compares with a 4.7 per cent increase in the weight of wool tested by Australian Wool Testing Authority in the first nine months of 2016-2017.
There has also been a 6.4 per cent increase in the first hand offerings of wool at auction.
The committee believes that some wool, particularly ultrafine wool, has been released from the stocks held onfarm and also from stocks held in broker’s stores in response to the high prices.
The AWPFC’s first forecast of shorn wool production for the coming 2017/18 season is for production to be 340 million kilograms greasy.
This is a 0.4 per cent increase on the 2016-2017 forecast and reflects small increases in the number of sheep shorn and similar average wool cuts per head.
The committee noted that for the current season to March, AWTA test data showed a significant increase in the weight of wool tested between 20 micron and 24 microns but a decline in the volumes of 17 micron and 18 micron wool. This probably mainly reflects the excellent seasonal conditions.