Australia: Grain and Feed Update
Link to report:
Winter grain crop prospects in much of Australia deteriorated in September as a result of inadequate rainfall. As a result, wheat and barley crop forecasts have fallen to only slightly above last year’s drought-impacted production levels, with the sorghum production forecast falling below last year. While bumper crops in Western Australia helped offset poor Eastern Australian harvests last year, this is not expected to be the case this year as crop conditions have worsened in Western Australia. Anticipated below-average crops will continue to limit export availability from Australia.