WOOL PRODUCTION
MARKETING BOARD’S REPORT. NO ABNORMAL ACCUMULATION. (United Press Assn.—Telegraph Copyright.) London, July 27. The Empire Marketing Board has issued a 200-page elaborate statistical survey of Empire and foreign production of wool, and estimates that the world’s sheep population is 800,000,000, producing 3,500,000,000 to 4,000,000,000 pounds of wool annually, of which 1,500,000,000, including the world’s best, comes from Australia, South Africa and New Zealand. After reviewing production and prices for the past 40 years, it concludes that there has been no exceptional increase in the sheep population of the world and wool production in recent years. The Empire has maintained its share of sheep at one-third and the wool production at half. The Empire wool export trade is two-thirds of the world’s total.
There is no abnormally large accumulation of stocks of raw wool in the principal exporting countries, and no large stocks have been accumulated in an effort to maintain prices, while the proposals to restrict sales and stabilize prices have been vigorously opposed.
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Bibliographic details
Southland Times, Issue 21772, 29 July 1932, Page 5
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166WOOL PRODUCTION Southland Times, Issue 21772, 29 July 1932, Page 5
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