The Australian Wool Production Forecasting Committee has maintained its 2012-2013 wool production forecast at 345 million kilograms greasy, which is 0.9 percent above 2011-2012 production.
Committee Chairman Russell Pattinson said, "Compared to the committee's previous forecast in August, production in most states remains static with an increase in fleece weights in Western Australia being largely offset by a fleece weight reduction in South Australia due to drier seasonal conditions in that state."
The committee has also adjusted the opening sheep numbers for 2012-2013 to 75 million, consistent with Meat and Livestock Australia forecasts and an increase of 2.6 percent compared to 2011-2012 opening sheep numbers of 73.1 million.
Results from the most recent grower survey are positive. Seventy-five percent of growers indicated they will maintain or increase their ewe flock this year and there was also an indication of a small shift toward using more Merino rams.
Reprinted in part from Fibre2Fashion.com