Australia: ABARES forecasts record wheat and canola crops
Barley
Canola Seed & Rapeseed
Wheat
Australia
Published Dec 6, 2022
Tridge summary
AUSTRALIA is forecast to produce 36.6 million tonnes (Mt) of wheat, 13.4Mt of barley and 7.3Mt of canola from the winter-crop harvest now under way, according to estimates released today by ABARES in its quarterly Australian Crop and Agricultural Commodities reports. The wheat figure is up 14pc from the previous estimate released in September of 32.2Mt, and breaks the national production record set in 2021-22 of 36.3Mt.
Original content
The canola estimate is up 11pc from 6.6Mt forecast in September, and breaks last year’s record of 6.8Mt. While barley is up 10pc on the previous estimate of 12.3Mt, it is expected to be fourth-largest crop on record for barley, with its area being down on last year’s compared with increases for wheat and canola. In commentary tied to the crop report and to ABARES December quarter Agricultural Commodities Report also out today, the national forecaster said Australian agriculture is still on track for an outstanding 12 months, despite the impact of the devastating floods in the eastern states. “The gross value of agricultural production is forecast to be a near-record $85 billion in 2022-23, just shy of the record set the previous year,” ABARES executive director Jared Greenville said. “The winter crop is forecast to be the second largest on record at over 62Mt.” Dr Greenville said livestock production was expected to hold steady, contributing $34B to the national total. “Another ...
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