The Australian Wool Production Forecasting Committee (AWPFC) met on Wednesday 29th April 2020 and reviewed its forecast of Australian shorn wool production for 2019/20. It also decided on its first forecast for 2020/21. The Committee revised its forecast for 2019/20 to 281 mkg greasy. This is a 6.3% decline on shorn wool production in 2018/19. It is higher than the 272 mkg greasy that the Committee forecast in November, in line with the AWTA test data to end March. The Committee’s first forecast for the 2020/21 season is that shorn wool production will decline again despite the extensive rainfall across eastern and south-eastern Australia in recent months. While wool cuts over the 2020/21 season will improve, the Committee expects that lower sheep shorn numbers will push production lower. You can see full details in the Media Release from the AWPFC.
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News – 2015-current
- WoolProducers urges woolgrowers to have their say in this year’s WoolPoll
- AWI Report - Why stick with wool?
- NCWSBA Broker Development Program
- AWIS Wool Week 2024 - NCWSBA AGM
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- Australian Wool Traceability Hub - 90% of wool to be traced by 2025
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- NCWSBA President's Report 2023
- NCWSBA appoints Robert Herrmann as Executive Director
- Finalists Announced for NCWSBA 2022 Wool Broker Award
- NCWSBA Wool Broker Award Launched for 2022
- PAUL DEANE APPOINTED AS NCWSBA EXECUTIVE DIRECTOR
- Global economy on the recovery path, but uncertainties remain
- NCWSBA Wool Broker Award Launched for 2021
- Wool exports rise for Australia, NZ and South Africa, down for South American countries
- Wool prices lag the rise in general commodity prices
- Improvement in wool prices lagging that for competing fibres
- Clothing retail sales in China jump, sales weak in other countries
- Value of Australian wool exports hit near 40-year low
- Chris Wilcox to retire as NCWSBA Executive Director
- Sharp jump in AWTA wool tests in February
- Current superfine wool prices at 80th percentile, broad wool prices near lows
- NCWSBA MEDIA RELEASE: Solid premiums for non-mulesed wool in weak market, discounts for no NWD
- Price premiums for superfine wool at multi-year highs
- Australian wool export volumes lift in first half of 2020/21 due to sharp jump in exports to China
- Over three-quarters of farm bales at auction have a National Wool Declaration
- US imports of men’s wool wovenwear slump in 2020
- Is a commodity price supercycle beginning?
- Australian wool tests at decades low in first half of 2020/21
- First half of the 2020/21 season in review
- Very good seasonal conditions see Australian wool production stabilise
- Wool’s price relativity with competing fibres well down on peaks
- AWTA test volumes down, production outlook obscured by weather, stock holding & shearing delays
- NCWSBA Wool Broker Award Suspended for 2020
- Sharp drop in US imports of wool clothing a concern
- Tentative signs of higher retail sales as consumer’s become a little more confident
- Higher volume of medium Merino wool despite drop in total wool tested
- Global cotton stocks lift to 95% of annual use
- Merino wool prices at 60th percentile despite falls
- Wool prices in all producing countries hit hard by COVID pandemic
- Auction wool sales up on 2019/20, but wool tests down
- Raw wool demand drops, but tentative signs of improvement from China
- Wool price competitiveness improves strongly
- NCWSBA President's 2019/20 Report - A Year of Turmoil
- Rowan Woods appointed as NCWSBA President, Stephen Keys as NCWSBA Vice President
- Wool prices down more than prices for other textiles
- Superfine wool price premiums recover amid general price falls
- US clothing imports drop like a stone under the weight of COVID-19
- Australian wool production expected to stabilise in 2020/21
- Australian wool export volumes at long term low in 2019/20
- Economies starting to recover in key wool consuming countries
- Wool price premiums against cotton and synthetics plummets
- Australian wool prices fall by more than prices for other fibres in 2019/20
- China’s raw wool demand drops as its wool product exports slump
- Wool brokers back wool industry charity foundation
- All major processing countries cut raw wool demand
- Australian wool test volumes slump in May
- IWTO 2020 Congress - Activity levels slump, stocks jump in global wool textile industry
- COVID-19 causes fall in prices for all textile fibres
- Slump in consumer confidence a contributor to demand destruction for wool
- Australian wool production forecast to fall again in 2020/21
- Double whammy for wool demand
- Lower raw wool trade due to weak demand
- Wool consuming economies forecast to take a huge hit from Covid-19
- Consumer confidence plunges in major wool consuming countries
- Decline in weight of wool tested eases in March
- NCWSBA Wool Broker Award now open for 2020
- Wool price relativity against other fibres falls back
- The Australian wool market carries on amid COVID-19 turmoil
- Covid-19 and risk mitigation actions hit retail sales in China
- National Auction Selling Committee arrangements for auctions - Covid-19 at 23rd March 2020
- Oil prices fall sharply but general commodity prices only moderately affected
- Lower volumes of superfine wool tested for 2019/20 season to date
- NCWSBA Members and Guests Celebrate the NCWSBA Centenary
- Average premiums for Non-Mulesed wool remain strong
- NCWSBA Celebrates its Centenary
- Slump in US imports of wool clothing from China due to penalty import duties
- Weight of wool tested down by 5% to end January
- Coronavirus outbreak creates massive uncertainty for the wool market
- No direct benefit for wool from US-China Phase One Trade Deal
- Raw wool trade from major exporting countries falls
- IWTO Roundtable focuses on challenges for broad wool
- Mixed consumer confidence and retail sales in the Northern Hemisphere
- New forecast predicts 9% decline in Australian shorn wool production in 2019/20
- US imports of wool clothing from China slump in September
- Australian wool exports slump in September
- Media Release: NCWSBA opens historical display of wool broking in Sydney
- South African wool prices less volatile than in Australia, broad wool prices depressed
- Cotton prices remain low as production outstrips demand
- Media Release: Premiums for Non-Mulesed Wool Jump in the first quarter of 2019/20
- Australian wool price volatility hits highest level in 20 years
- Raw wool demand falls
- NCWSBA Centenary in 2020
- Volume of wool tested slumps in September
- Report from the Nanjing Wool Market Conference: High stocks in China wool textile industry
- Lower levels but most wool prices still above 70th percentile
- US imports more wool clothing in June and July as retailers anticipate new import duties
- US imposes additional 15% duty of wool clothing imports from China
- NCWSBA supports call for the mandatory use of pain-relief
- Drought pushes Australian wool production lower in 2019/20
- Wool prices drop sharply as Supercycle hopefully nears the bottom
- US-China trade and currency tensions push Australian wool prices lower
- Textile fibre prices slide
- Good premiums for non-mulesed wool in 2018/19
- Finalists Announced for NCWSBA 2019 Wool Broker Award
- Price differential between medium and superfine wool closes
- Wool tests, auction offerings and sales down in 2018/19
- Australian wool prices fall in 2018/19 as the 2016-2018 Supercycle comes to an end
- Global raw wool demand declines, led by China
- Wool with a National Wool Declaration hits 73% in May
- On-going drought hits wool volumes and quality
- Sheep and lamb prices hit record levels in Australia
- China vital to the US as a wool clothing supplier
- Escalation of US-China trade tensions adds more risk to slowing global economy
- Australian wool export value hits 21 year high
- Over half wool at auction Non-Mulesed, Pain Relief or Ceased Mulesed
- Australian shorn wool production forecast in 2019/20 to fall to lowest since 1924/25
- Sustainability, Traceability and Animal Welfare - major themes at the 2019 IWTO Congress
- Changing Dynamic for Global Wool Industry
- Economic growth begins to falter but consumer confidence remains high
- CALLING FOR NOMINATIONS – NCWSBA WOOL BROKER AWARD 2019
- China’s wool clothing exports fall in 2018
- Value of Australian fine and superfine wool exports jumps by 50%
- Almost 50% of wool declared as Non-Mulesed or Pain Relief
- Crossbred wool prices lift
- Exports from the five major wool exporting countries fall in 2018/19 to date
- China suspends imports of wool from South Africa due to an FMD outbreak
- Sheep and lamb turnoff up – lower sheep numbers for 2019/20
- Australian wool exports down in volume and value in 2018
- MEDIA RELEASE: Strong Premiums for Non-Mulesed Wool Continue in 2018/19
- Merino wool prices outperform prices for competing fibres
- High premiums for Non-Mulesed wool
- Share of Non-Mulesed wool lifts in Australia despite drought
- UK and NZ broad wool prices continue to languish
- Superfine wool tested rises, sharp drop in total wool tested in November
- General fall in commodity prices, including wool and other textile fibres
- Online training for Emergency Animal Disease
- US clothing retail sales growing strongly in lead-in to Autumn/Winter 2018
- Australian shorn wool production down by 10.8% in 2018/19
- The End of the 2016-2018 Merino Price Supercycle
- Micron price premiums for superfine wool fall
- Chinese economic growth dips on back of slower domestic consumption
- Consumer confidence keeps rising in US, but softens in Europe
- Wool declared as NM, PR or CM closes in on 50% of offerings
- Australian wool tests slump in September
- Merino wool prices at records against cotton, just off records against synthetics
- Wool products included in third batch of US penalty duties on Chinese products
- Unprecedented: The Merino Wool Market
- NCWSBA Wool Broker Award winner announced for 2018
- Australian wool production to fall 5.7% in 2018/19
- Broad-based lift in demand for raw wool
- Strong lift in premiums paid for Non-Mulesed wool in 2017/18
- Wool Declared as Non-Mulesed and as Pain Relief lifts by 20% in 2017/18
- NCWSBA IS MOVING OFFICE
- ABARES’ bullish forecast for wool prices
- Increased raw wool imports by all major processing countries
- Increased volume of Non-Mulesed and Pain Relief wool in Australia
- EMI at nominal records, but 1988 level twice as high in real terms
- China’s raw wool imports continue to rise
- Positive conditions for the global wool textile industry and stocks under control
- Value of Australian wool exports at 15 year high
- Australia’s wool test volumes of superfine wool hit records in April
- Sheep slaughter numbers up 25%
- Price premium for Merino wools over other fibres remain near historic peaks
- Australian wool exports keep rising
- Clothing retail sales improving
- Lower wool production in Australia in 2018/19
- Looming US-China Trade War a Risk for the Wool Market
- Price premium for 18 micron wool falls back
- ABARES’ very positive outlook for wool
- Calling applications for the NCWSBA Wool Broker Award for 2018
- NCWSBA has reservations about WoolQ
- Accelerating global economic growth driving commodity prices
- International wool price comparisons – Merino up, broad wool languishes
- Consumer confidence hits peaks, triggers lift in retail sales
- A Supercycle for Merino wool prices
- China’s wool clothing product exports up and down in November
- Global cotton prices surge to near four-year highs
- General rise in global industrial commodity prices
- Global fibre prices on the rise
- Australian wool production to lift a little in 2017/18
- NCWSBA celebrates the history of wool broking in Australia
- Another week, another record EMI, but not in real terms
- World commodity prices on a cyclical upturn and Merino prices leading the way
- US wool clothing imports fall to decade lows
- MEDIA RELEASE: Premiums for Non-Mulesed Wool on the Rise
- Encouraging growth in retail sales of clothing in 2017 to date
- Australian wool export value hits 14-year highs
- ABARES’ bullish forecast for the Australian Wool Industry
- Chinese currency rises against the US$
- EMI hits record levels against synthetics and cotton
- Mixed results for trade in raw wool in 2016/17
- New President and Vice President for NCWSBA in 2017
- Brett Smith wins NCWSBA Broker of the Year for 2017
- Australian wool production forecast for 2017/18 steady
- IMF concerned about risks to China’s economy
- Value of Australian wool exports surges to decade highs
- Merino wool price relativity against other fibres at highs
- World economic growth forecasts lifted – positive for wool
- Raw wool demand from other major exporting countries slides
- Finalists for the 2017 NCWSBA Wool Broker Award announced
- Weight of wool tested in Australia in 2016/17 rises in all states
- China’s exports of woven wool clothing on the rise
- Australian wool exports surge in April, hit heights
- Consumer confidence rises but US clothing imports slide
- Superfine wool premiums fall back from peak
- All textile fibre prices up in 2017 but superfine wool the best performed
- Wool exports from NZ and Uruguay drop, exports from Australia and Argentina lift
- Australian Wool Industry Medal launched
- Australian value of fine wool exports hits record level in February
- Superfine wool supply down, medium Merino wool supply up in 2016/17 to date
- Australian and South African wool prices lift, NZ and UK wool prices drop in 2016/17
- Synchronised economic growth in advanced and developing economies in 2017?
- Wool exports from New Zealand and Uruguay dive
- NCWSBA 2017 Wool Broker Award Launched
- Australian wool export value hit a 14-year peak
- EMI in real terms less than half the 1988 peak
- China’s Trade Data Shows a Very Mixed Picture
- Where do Current Wool Prices Sit Historically?
- Value of Wool Exports Surge to 14 Year High
- Superfine Premiums Lift Above Long-Term Average
- Young Professionals Programme
- Brighter Economic Outlook Helping Boost Wool Prices
- Fine Merino Wool Price Relativity with Synthetics Hits Record
- Australian Wool Tests Surge in November
- 2017 IWTO Congress
- Australian Wool Exports Jump in September
- NZ Wool Exports Drop Sharply, Australia's Exports Steady
- Wool Prices Rise, Lamb Prices Stay High and Turn-off Declines
- Mixed Economic Conditions in the Northen Hemisphere
- Australian Wool Production Forecast at 325 mkg in 2016/17
- Lower Textile Fibre Price Volatility Since 2013
- Winner of the 2016 NCWSBA Broker Award Announced
- Australian Wool Export Volumes Fall to Multi-Year Lows
- Wool Exports from Other Major Exporters Fall in 2015/16
- Record Season Average Wool Prices in Australia in 2015/16
- China's Wool Product Exports Recover
- Merino Wool Prices Outperforming Competing Fibres
- Wool Test Volumes Drop Sharply in June
- China Raw Wool Imports Decline in April
- Growth Rate for US Clothing Retail Sales Picks Up
- Australian Wool Export Volumes Fall in April but Values Up
- China Wool Textile Product Exports Up in March
- Leading Economic Indicators Suggest Stable Wool Prices in US$
- Winner of the 2015 NCWSBA Broker Award Announced
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