Australian Wheat Crop Latest
It's a mixed bag of fortunes for Australian wheat growers this season, according to various media reports.
Western Australia's Department of Agriculture and Food have downgraded their crop estimate for the country's largest wheat producing state to 8.0-9.0 MMT, down from 9.0-10.5 MMT a month ago.
The downgrade comes as a result of "a less than favourable finish to the season during October," they say.
Things look a whole lot different in South Australia though where their Department of Primary Industries and Resources raised wheat production expectations to 4.36 MMT, 27% higher than last month's prediction. The increase follows "good spring rains and mild temperatures during September and October," they say.
Further east though things aren't as good, a dry spring and on October frost have cut production estimates in New South Wales, according to the state's Department of Industry & Investment.
New crop wheat production there is now forecast at 4.48 MMT, down 30% on the year.
"Prospects for winter crops declined throughout September and October. Most regions failed to receive much-needed spring rains," they say.
The southern half of New South Wales received just 40-60% of normal rainfall August-October, based on data from the Australia Bureau of Meteorology, according to Martell Crop Projections.
To the north, crops in Queensland also suffered from lack of rainfall throughout the growing season, output here is expected to be little more than 1 MMT, according to Profarmer.
Fast forward to Victoria which by general consensus, similar to South Australia, has had a great growing year. Wheat production here could come in at 4 MMT this season, well above the current official ABARE estimate of 2.75 MMT, according to some analysts.
If we use a median figure of 8.5 MMT for WA, that gives up wheat production this year of around 22.34 MMT, 4% up on last season's 21.5 MMT.
Western Australia's Department of Agriculture and Food have downgraded their crop estimate for the country's largest wheat producing state to 8.0-9.0 MMT, down from 9.0-10.5 MMT a month ago.
The downgrade comes as a result of "a less than favourable finish to the season during October," they say.
Things look a whole lot different in South Australia though where their Department of Primary Industries and Resources raised wheat production expectations to 4.36 MMT, 27% higher than last month's prediction. The increase follows "good spring rains and mild temperatures during September and October," they say.
Further east though things aren't as good, a dry spring and on October frost have cut production estimates in New South Wales, according to the state's Department of Industry & Investment.
New crop wheat production there is now forecast at 4.48 MMT, down 30% on the year.
"Prospects for winter crops declined throughout September and October. Most regions failed to receive much-needed spring rains," they say.
The southern half of New South Wales received just 40-60% of normal rainfall August-October, based on data from the Australia Bureau of Meteorology, according to Martell Crop Projections.
To the north, crops in Queensland also suffered from lack of rainfall throughout the growing season, output here is expected to be little more than 1 MMT, according to Profarmer.
Fast forward to Victoria which by general consensus, similar to South Australia, has had a great growing year. Wheat production here could come in at 4 MMT this season, well above the current official ABARE estimate of 2.75 MMT, according to some analysts.
If we use a median figure of 8.5 MMT for WA, that gives up wheat production this year of around 22.34 MMT, 4% up on last season's 21.5 MMT.