Australian grain growers look to record plantings
ABC Rural--Australia's grain growers could plant a record 14 million hectares of wheat this year.
A new survey by commodity analyst group, Profarmer, has shown planting intentions are up for all grains, with wheat up 13 per cent, barley up 11 per cent, and canola up 40 per cent.
The survey shows the biggest jumps are in Queensland, with a 35 per cent increase in wheat, and New South Wales, which recorded a 66 per cent jump in canola.
ProFarmer's Richard Koch says high grain prices have lead to the increase.
"The thing that struck me is that if these planting intentions are realised we're going to see record plantings of wheat, barley and canola nationwide, so the Australian grower is preparing to take a massive punt on this season."
A new survey by commodity analyst group, Profarmer, has shown planting intentions are up for all grains, with wheat up 13 per cent, barley up 11 per cent, and canola up 40 per cent.
The survey shows the biggest jumps are in Queensland, with a 35 per cent increase in wheat, and New South Wales, which recorded a 66 per cent jump in canola.
ProFarmer's Richard Koch says high grain prices have lead to the increase.
"The thing that struck me is that if these planting intentions are realised we're going to see record plantings of wheat, barley and canola nationwide, so the Australian grower is preparing to take a massive punt on this season."
