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Australian wool production is forecast to drop to its lowest level in a century, down 12%.
Australian wool production is forecast to drop to levels not seen in a century, with a 12% decrease to 279.4 million kg greasy for the 2024/25 season.
The number of sheep shorn is expected to fall by 11.7% to 63.2 million, most notably in Western Australia, where production is down by 18.8%.
Tough conditions, a depressed market, and increased sheep slaughter have contributed to the decline.
4 months ago
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