• The latest Australian Wool Production Forecasting Committee’s forecast of shorn wool production for 2023/24 is 328 Mkg greasy, equivalent to the 2022/23 season estimate.

  • The number of sheep shorn is forecast at 72.2 million head, up 1.0% due to held over lambs and retention of older breeding ewes.

  • Shorn wool production is expected to increase in New South Wales (up 3.9%) and South Australia (up 2.6%) but decrease in all other states.

  • Average cut per head is forecast to reduce to 4.54 kg greasy (down 2.2%) due to dry seasonal conditions and a return to normal shearing patterns in most states

The full report is available on the AWI Website: Wool Production Forecast – December 2023.