Australia Latest
08/10/10 -- Drought in Western Australia is seen cutting the state's percentage of the national wheat crop from a "normal" share of around 35-40% to less than 20% this season.
Rabobank say that this year's Australian wheat crop will total 22-23 MMT, that's 2-3 MMT lower than some other recent estimates, although still an increase on last season.
If it wasn't for the drought in WA - where they peg output at "around 4 MMT" - then we'd have been looking at a potentially record national crop of 26-27 MMT this year.
Wheat production is NSW is seen at a record 8.7 MMT, say Rabobank. That's an increase of over 70% on last season.
Rabobank say that this year's Australian wheat crop will total 22-23 MMT, that's 2-3 MMT lower than some other recent estimates, although still an increase on last season.
If it wasn't for the drought in WA - where they peg output at "around 4 MMT" - then we'd have been looking at a potentially record national crop of 26-27 MMT this year.
Wheat production is NSW is seen at a record 8.7 MMT, say Rabobank. That's an increase of over 70% on last season.