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Australia is set for a second consecutive record grain crop following two years of drought. For the winter crops, wheat production is estimated to have reached another record in marketing year (MY) 2021/22 and barley production is expected to be the third largest in history, just slightly behind the previous year.
FAS/Canberra forecasts Australian wheat production of 31 (million metric tons) MMT in MY 2020/21, the second highest on record, and more than double the previous year’s drought-affected estimate...