Australian grain market outlook: Wheat output and yields set

Australian grain market outlook: Wheat output and yields set to go lower, disruption to barley exports set to continue


Favorable conditions around the time of winter grain planting across most production regions of Australia bodes well for the forecast year of wheat and barley production in MY 2021/22.
However, production is still expected to be down from last year’s record-breaking wheat crop, and a barley crop that was the second largest on record; wheat production is forecast at 27 million metric tons (MMT) in MY 2021/22 and barley at 10MMT, according to a recent
And, although the overall grain area is anticipated to be large, yields are expected to fall to more typical levels from last year’s exceptionally high yields.

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