Australia: Grain and Feed Annual

A large portion of Australia’s winter cropping area is well-positioned, heading into the forecast year. In New South Wales, Queensland, and Western Australia, early seasonal conditions are favorable, indicating potential for strong wheat and barley production. In contrast, much of South Australia and western Victoria remains very dry, with low soil moisture and limited rainfall this fall. However, there is still ample time—through to the end of June 2025—for rainfall to support planting in these regions. FAS/Canberra forecasts a decline in wheat and barley production for the upcoming season, although output is expected to remain well above the previous 10-year average. Wheat and barley exports are projected to decrease, due to lower production. Sorghum production is forecast to remain high for a fifth consecutive year in MY 2025/26, with exports expected to rise with increased output. Conversely, rice production and exports are anticipated to decline sharply in MY 2025/26, due to reduced water availability.