The monthly comparisons of Total Lots, Bales and Weight for August 2015 compared with the same period last season are -9.1%, -8.3% and -7.9% respectively.
The Australian Wool Production Forecasting Committee forecasts that shorn wool production for 2015/16 will decline by 4.3% to 332 mkg. This reflects a 3.7% fall in shorn sheep numbers, a result of the continued high turn-off of sheep and lambs in 2014/15, while average fleece weights are expected to be 0.7% lower than in 2014/15.
The Committee estimated that shorn wool production for 2014/15 was 347 mkg, up by 1.8% from 2013/14. This is the result of higher fleece weights in 2014/15 more than offsetting a 1.3% decline in shorn sheep numbers.
The monthly comparisons of Total Lots, Bales and Weight for June 2015 compared with the same period last season are +29.0%, +27.4% and +27.2% respectively.
The monthly comparisons of Total Lots, Bales and Weight for July 2015 compared with the same period last season are -8.2%, -10.0% and -10.0% respectively.
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