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In an effort to remain financially viable over the years, the wool industry's peak testing organisation, the Australian Wool Testing Authority, has diversified into other industries.
AWTA Wool Test Certificates and Reports that are delivered as electronic PDF documents or eCerts are digitally signed to authenticate their validity and protect against alteration. AWTA has recently updated the digital signature on eCerts to conform with industry best-practice.
The Australian Wool Production Forecasting Committee’s fourth forecast of shorn wool production in 2019/20 is 281 mkg greasy. This is a 6.3% decline on the 300 mkg estimate for 2018/19 as lowsheep numbers and the enduring impact of drought continue to constrain production.
The Committee’s first forecast for 2020/21 is for shorn wool production to be 276 mkg greasy, a fallof 1.6% compared with the current season. Low sheep numbers, opportunistic cropping in mixedfarming regions and uncertainty surrounding wool prices are expected to contribute to a slowrecovery in shorn wool production despite the favourable seasonal outlook in many wool production areas.
The monthly comparisons of Total Lots, Bales and Weight for May 2020 compared with the same period last season are:
-30.6%, -28.5% and -28.2% respectively.
The monthly comparisons of Total Lots, Bales and Weight for April 2020 compared with the same period last season are:
-11.6%, -8.4% and -8.0% respectively.