Australia’s wheat harvest to reach 32-35 mln tons – analysts
Australian farmers are expected to harvest between 32 million and 35 million tonnes of wheat. Analysts polled by Reuters have raised their forecasts as crop conditions improve.
The projected volume is comparable to last season’s 34.1 million tonnes, and well above the 10-year average of 27.6 million tonnes.
The government’s ABARES agency will publish its crop forecasts on September 2. The latest estimate, released in June, was 30.6 million tonnes. Harvesting starts in October.
Analysts estimate the barley harvest at 13.1-16 million tonnes, up from 13.3 million tonnes last year and the 10-year average of 11 million tonnes. Canola is expected at 5.8-7.2 million tonnes, up from 6.1 million tonnes last year and the 10-year average of 4.8 million tonnes.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Black Sea Export Strategies Within the Pressure of the Global Food Market
EU Crop Protection Rules Could Reshape Ukrainian Agriculture Profitability
Jordan purchased 50 thsd tons of barley at tender
Soybean prices in Ukraine continue to rise, but Chicago quotes have already stabil...
US intends to raise global import tariffs to 15% this week – Bessent
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon