Wool pro­duc­tion falls

The Northern Star - Northern New South Wales Rural Weekly - - NEWS - Nicola Bell [email protected]­ral­weekly.com

DRY con­di­tions across many parts of Aus­tralia have re­sulted in a big drop in wool pro­duc­tion.

Shorn wool pro­duc­tion in 2018–19 has been fore­cast to drop 10.8 per cent to

305 mil­lion kg, down from 341 mil­lion kg in 2017–18, ac­cord­ing to the Aus­tralian Wool Pro­duc­tion Fore­cast­ing Com­mit­tee.

High sheep slaugh­ter to the end of Septem­ber was ex­pected to re­duce the num­ber of sheep shorn in 2018–19 by 6.6 per cent to 71.7 mil­lion, with a 4.4 per cent re­duc­tion in an­nual av­er­age cut-per-head to 4.25kg as a re­sult of the tough sea­sonal con­di­tions.

Com­mit­tee chair­man Rus­sell Pat­tin­son said the sig­nif­i­cant drop wasn’t un­ex­pected. He said it was due to the poor sea­son, which con­tin­ued to be very dif­fi­cult through most of NSW and Queens­land, north­ern Vic­to­ria and parts of south­ern Western Aus­tralia.

Pro­duc­tion in NSW is ex­pected to de­cline 20 per cent to 100 mil­lion kg, in Queens­land it will drop 14 per cent to 7.1 mil­lion kg and in South Aus­tralia it was fore­cast to fall 8 per cent.

Mr Pat­tin­son said the fore­cast meant there was “less wool around” but it was a sea­sonal is­sue.

“For the past seven or eight years we’ve been sit­ting around 340 mil­lion kg and peo­ple are try­ing to re­tain sheep,” he said.

The com­mit­tee meet­ing was brought for­ward to last week from its usual times­lot of mid-De­cem­ber, to pro­vide the in­dus­try with an up­dated fore­cast for the re­main­der of the sea­son. Mr Pat­tin­son said the months af­ter the Au­gust meet­ing were crit­i­cal to de­ter­mine what would hap­pen with the sea­son.

“There was in­ter­est from the mar­ket­place about where vol­ume was at,” he said.

PRE­DIC­TIONS: Shorn wool pro­duc­tion in 2018–19 has been fore­cast to drop 10.8 per cent.

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