The monthly comparisons of Total Lots, Bales and Weight for May 2017 compared with the same period last season are:
+27.0%, +23.5% and +23.0% respectively.
The monthly comparisons of Total Lots, Bales and Weight for April 2017 compared with the same period last season are:
-3.2%, -7.5% and -7.8% respectively. There were fewer working days in April 2017 than the same month last year due to Easter.
The Australian Wool Production Forecasting Committee forecasts that Australian shorn wool production in 2016/17 will reach 339 mkg greasy. This 4.3% increase from 2015/16 is largely the result of excellent seasonal conditions in many areas resulting in higher fleece weights.
AWTA Product Testing (an operating Division within AWTA Ltd) has acquired the Geelong based textile testing business Textile Quality Research Trademark Management (TQRTM).
FAWO Announces New Industry Initiative
The Federation of Australian Wool Organisations Inc. (FAWO) has announced the launch of the Australian Wool Industry Medal to recognise men and women who have made an exceptional and sustained contribution to the Australian wool industry. The award was announced by the FAWO Chairman, Robert Ryan OAM, at the Sydney Royal Easter Show on 7 April 2017.