Industry News

Industry News

According to the latest data from AWEX, there was a 7% lift in the number of first-hand farm bales offered at auction with a National Wool Declaration (NWD) this season between July 2020 to January 2021. At the same time, there was an 11% decline in the number of bales offered at auction that did not have a declaration. As result, 75.9% of all first-hand farm bales offered at auction this season had a declaration (which includes blank or mulesed declarations). This is an increase on the 73.8% of bales offered in the 2019/20 season. This rise continues the lift in the proportion of farm bales offered with an NWD since 2013/14 when less than half (only 43%) of farm bales offered had an NWD.

By micron category, 80% of superfine wool (18.5 micron & finer) had an NWD for the 2020/21 season to date, while 75.4% of 18.6 micron to 24.5 micron farm bales offered at auction had an NWD. The proportion fell to 68.1% for wool of 24.6 micron & broader.

There are signs that the rate of increase in the share of NWD-declared wool is tapering off. NCWSBA believes that the Australian wool industry should strive to have 100% of all farm lots of wool offered at auction with an NWD.

Further details, including a chart showing the season-by-season uptake of the NWD since 2008, are provided in this week’s edition of the NCWSBA Weekly Newsletter. Available to members.

NCWSBA Logo Welcome

NCWSBA logo white


The National Council of Wool Selling Brokers of Australia


National Council of Wool Selling Brokers of Australia



You need to enable user registration from User Manager/Options in the backend of Joomla before this module will activate.