Australia's New Crop 2008 Wheat Exports Begin

Western Australia, the country's largest wheat producing and exporting state, sent out its first export shipment of 2008/09 season at the weekend.

The 30,000 tonne cargo left Geraldton port bound for Indonesia, shipped by the CBH Group subsidiary AgraCorp.

Rabobank left its Australian wheat production estimate unchanged at 20.5mmt Wednesday, 0.5mmt higher that the USDA projected on Monday.