Australian wool crop could be 5% down
16/08/2019
Owing to ongoing drought conditions in parts of New South Wales, Queensland, Victoria and the pastoral regions of South Australia, the Australian Wool Production Forecasting Committee (AWPFC) has revised its forecast of shorn wool production for the season. The committee said it now expects production to reach 285 million kilos, a 5% decline on the 2018-2019 figure.
Drought in a number of areas has led to a high number of adult sheep going to slaughter sooner than expected. This has meant fewer sheep are available for shearing.
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