Supply Chain

Australia Forecasts Record Wheat Crop Despite Floods

By Dayeeta Das
Share this article

Australia is expected to produce a bumper year of crops including record wheat production in the current financial year, the government said, despite the impact of widespread flooding in the the country's eastern region.

Total winter crop production across the country is forecast to total 62 million tonnes, the second highest on record, according to a report from the federal Australian Bureau of Agricultural and Resource Economics (ABARES).

"While the spring rain has impacted production, yields and quality in some parts of the country, some states are experiencing their best winter crops on record," ABARES director Jared Greenville said in a statement.

Outlook

Wheat production, the country's major grain crop, is forecast to reach 36.6 million tonnes in the 12 months running to June 30, 2023, a 1% increase over the previous record set last year, the report said.

Barley production is due to reach 13.4 million tonnes, the fourth-largest crop on record, with canola expected to hit a record 7.3 million tonnes.

Australia's eastern region has suffered a wave of floods this year, inundating homes and farmland, because of a rare multi-year La Nina weather phenomenon, which brings more rain.

Summer crop planting is expected to fall 9% as a result of the flooding, the report said, particularly impacting cotton and rice crops.

Elsewhere, Canada's wheat and canola harvests turned out smaller than expected due to dry conditions in parts of the Prairies, but were still bigger than last year's, a government report showed.

News by Reuters, edited by ESM – your source for the latest supply chain news. Click subscribe to sign up to ESM: European Supermarket Magazine.

Stay Connected With Our Weekly Newsletter

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our Terms & Conditions and Privacy Policy
Enjoy unlimited digital access for 30 days
Get exclusive access to the latest grocery retail & FMCG news, interviews with industry leading executives, and expert analysis on the trends shaping the sector today
Enjoy unlimited digital access for 30 days
Enjoy unlimited digital access for 30 days
Get exclusive access to the latest grocery retail & FMCG news, interviews with industry leading executives, and expert analysis on the trends shaping the sector today
Enjoy unlimited digital access for 30 days

Copyright © 2023. All rights reserved. Developed by Square1 and powered by PublisherPlus.com