Australia: Grain and Feed Update
Wheat and barley production in Australia is forecast to rise in MY 2019/20 as a result of expanded planting area for both of these crops, as well as improved moisture conditions in some production regions. Drought conditions, however, still remain in a substantial part of the growing area. For wheat, although production is forecast to increase to 21.5 MMT in MY 2019/20, this is still below average levels. The reduced wheat supply in MY 2018/19, as a result of the drought, has resulted in reduced exports to key markets such as Indonesia, as well as imports of bulk wheat grain for the first time in a decade.
