Australia's grain forecast for the 2024-2025 season

Published 2024년 6월 4일

Tridge summary

Australia's grain producers have expanded the area for marginal crops, planting 23.6 million hectares with favorable weather conditions anticipated. The Australian Bureau of Agricultural and Resource Economics and Science (ABARES) predicts substantial increases in wheat, barley, and pulse production for 2024-25. Wheat production is expected to grow by 12% to 29.1 million tonnes, barley by 7% to 11.5 million tonnes, and chickpea production by 133% to 1.1 million tonnes. Lentil acreage is projected to hit a record 885,000 hectares, with production doubling the ten-year average. Despite a 5% decline in rapeseed production, overall winter crop harvests are forecasted to be above average.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The country's grain producers have increased the area under almost all marginal crops during planting, which is now underway, and are counting on favorable weather conditions - at least 23.6 million hectares are planted in Australia today, with a long-term forecast of average to above average rainfall in most regions , analysts publish optimistic forecasts. The Australian Bureau of Agricultural and Resource Economics and Science (ABARES) forecast in June said farmers would produce 29.1 million tonnes of wheat, 11.5 million tonnes of barley and 5.4 million tonnes of canola from crops currently planted. - for Australia it is winter. Australia's winter crop area is forecast to remain historically high in 2024–25, increasing slightly to 23.6 million hectares, 6 per cent above the 10-year average, by 2023–24. Projected increases in winter crop area in Queensland and New South Wales will more than offset losses due to dry conditions in Victoria, South Australia and Western Australia. ...

Source: Zol