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Abstract
Many future climate scenarios suggest that much of southern Australia could
potentially experience higher temperatures and less rainfall. Consequently, livestock
production is likely to become more challenging in the future. Managing these risks by examining the potential economic impact of alternative futures is a sensible approach
for wool producers to consider in the face of predicted changes in climate. In this
paper a way of thinking about the impacts of climate change is presented for wool
producers in Yass, New South Wales. Continued genetic improvement will assist in reducing the impact of climate change on operating profit. The long term outlook for wool production and the demand from global markets needs to be considered in a
whole farm approach.