ProFarmer Peg Australian Wheat Output At 22.7MMT

Posted by Nogger - a legend in his own mind at 11:32 | Categorized as

ProFarmer Australia have reduced their Australian wheat production estimate. Output in 2008 may now be 22.7 million tons, down from an August estimate of 24.5 million tons, the Perth-based forecaster said today. That is still a significant increase on last year's drought-reduced crop of about 13 million tons.