It is forecast that wheat production in Australia will decrease by 1% this year.

It is forecast that wheat production in Australia will decrease by 1% to 33.8 million metric tons this year, although production is expected to be 22% above the 10-year average due to generally favorable growing conditions, according to the Department of Agriculture. The production of barley and canola is expected to increase, with yields for both crops likely to be above average, according to the quarterly report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES). "Despite a very dry and unstable start to the winter crop season in South Australia and Victoria, improved weather conditions over the winter have increased production prospects in the main winter crop growing regions of Australia," the ABARES report said. According to the Department, canola production in Australia in 2025/26 is estimated at 6.4 million tons, which is 1% ...