AWTA > Statistics > Production Forecasting
The AWI Wool Production Forecasting Committee draws together a range of objective data and qualitative information to produce consensus-based, authoritative forecasts of Australian wool production three times a year.
The Committee has a two-level structure, with a National Committee considering information and advice from state sub-committees.
It is funded by Australian Wool Innovation Limited, which also provides a representative on the role of the Chairman of the National Committee.
The Committee releases its forecasts of production in the form of a press release and a report providing the detailed forecasts, historical data and commentary on the key drivers of the forecasts. These documents are distributed by AWI.
The press releases are published in HTML with downloadable PDF versions of the Press Release and the Committee's detailed final report also available. Note that the downloadable version of the Press Release often contains additional information.
A patchy and dry winter and a dry start to spring in many parts of Australia is expected to pull Australian wool production back in 2008/09, according to the latest forecasts from the Australian Wool Production Forecasting Committee.
Total Australian wool production is forecast to decline slightly in the 2008/09 season, despite expected higher output in Queensland and NSW.
Improved seasonal conditions has resulted in a modest upward revision to the 2007/08 shorn wool production forecast, and stable production for the 2008/09 season, according to the Australian Wool Innovation (AWI) Production Forecasting Committee.