Australia: Grain and Feed Annual
Link to report:
Beneficial and widespread rainfall in early 2020 has increased prospects for a good start to the Australian grain sowing season. This follows two years of below-average grain crops as a result of drought conditions in eastern Australia. For wheat, production is forecast at 23 million metric tons (MMT) in marketing year (MY) 2020/21, more than 50 percent larger than the MY 2019/20 crop. This is due to both expected higher planted acreage, as well as improved yields. Wheat exports are forecast to rise to 14.5 MMT in MY 2020/21, from 8.2 MMT in MY 2019/20. Barley, sorghum, and rice production and exports are also all forecast to rise in MY 2020/21.
