Australia in 2025/26 MY may harvest record yields of barley and wheat.

Favorable weather and high yields will ensure record production and export of grain crops in the 2025/26 MY. According to the FAS USDA forecast, in the new season Australia will harvest record wheat and barley yields. Thus, the barley production forecast has been increased compared to previous estimates released three months ago by 2 million tons to 15 million tons, which is 27% higher than the 10-year average (11.8 million tons) due to better-than-expected weather conditions in most growing regions and high yield rates in Queensland and New South Wales, where harvesting has already begun. It should be noted that Australia is the world's largest barley exporter and is among the top 3 barley producers. It is expected that in the 2025/26 MY the country will export 8.3 million tons of barley, which will correspond to the level of the previous season and significantly exceed the 10-year average. Despite a 3% reduction in wheat planting areas compared to the previous season, its ...