Australia has lowered its barley crop forecast
The Australian Bureau of Agricultural Resources and Economics (ABARE) has lowered its forecast for Australia’s barley crop in the 2024/2025 season by 0.5 million tons to 11.7 million tons. However, the barley gross harvest will be 8% higher than in the 2023/2024 season and 3% above the ten-year average.
The wheat production forecast was raised by 0.06 million tons to 31.9 million tons. As a result, the wheat crop for the 2024/25 season will be 23% larger than the previous season and 20% above the average for the past ten years.
The canola crop forecast was also raised by 0.1 million tons to 5.6 million tons, down 8% from last season but 23% above the ten-year average.
Read also
Black Sea Export Strategies Within the Pressure of the Global Food Market
Spring sowing in Ukraine this year starts later than average
Hormuz strait crisis could reopen door for Turkey’s “grain corridor” Role
Russia unable to cover potential global fertilizer shortfall, partly due to Ukrain...
Ukraine falls behind Russia and Romania in wheat exports to Egypt in February
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon