Wool production set for downturn
A slight downturn of Australian wool production is expected in 2013-14.
The Australian Wool Production Forecasting Committee has forecast a decline to 345 million kilograms of greasy wool, down 1.4 per cent from the 2012-13 season total of 350 million kilograms.
Committee chairman Russell Pattinson said the slight decrease in seasonal production reflected two major factors.
"An increase in sheep turn-off for slaughter in 2012-13, which has reduced season-opening sheep numbers for 2013-14," he said.
"Also an expected reduction in average fleece weight resulting from the dry seasonal conditions that were experienced in many woolgrowing regions in the first half of 2013."
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Mr Pattison said results from a recent Meat and Livestock Australia and Australian Wool Innovation production survey indicated grower intent fell back slightly from flock growth, toward maintenance of existing sheep numbers.
"Regionally, declines in 2013-14 wool production are forecast for NSW and Queensland which outweigh expected slight increases in Victoria, Tasmania, South Australia and WA."
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