Australia's 2024-25 winter crop is projected to expand by 3.6% to 23.55 million hectares, driven by positive conditions in New South Wales and Queensland, with wheat planting increasing significantly. However, canola planting will decrease due to dry conditions and lower margins. Total production is estimated at 46.3 million tonnes, with La Niña potentially bringing above-average rainfall to the eastern regions, while Western and South Australia face challenges from the Indian Ocean Dipole's positive phase. Rabobank reports significant grain carryover affecting wheat basis, slower input procurement due to weather uncertainties, and varying fertiliser application rates. South Australia and Western Australia will see shifts in cropping areas, with reductions in canola and increases in pulses and wheat, impacting regional export profiles.