Australian Wheat Output Seen Higher In 2009

Early reports suggest that 2009/10 wheat production in Australia will increase to 23.0mmt from 21.5mmt in 2008/09.

The US agricultural attaché says that the increase is mainly due to an expected higher acreage of 12.9 (12.5) mln ha.

Domestic use should reach 7.0 (6.8) mln t, of which feed use is projected at 4.0 (3.8) mln t. Exports are projected at 15.5 (14.0) mln t, and ending stocks at 6.0 (5.4) mln t.