Australian grain production falls to average levels

CANBERRA, AUSTRALIA — Australia’s grain production is expected to reflect average output in the 2021-22 marketing year after a strong drought-recovery in the previous year, according to a Global Agricultural Information Network (GAIN) report from the US Department of Agriculture (USDA).
Despite favorable conditions around the time of winter planting, the USDA anticipates Australia’s production to be down from the 2020-21 marketing year’s record-breaking wheat crop and barley crop that was the second largest on record.
Australia is projected to produce 27 million tonnes of wheat in the 2021-22 marketing year, a 6.3-million-tonne decrease compared to the previous marketing year of 33.3 million tonnes. Although there is an expected small increase in planted area the USDA anticipates yields to return to normal levels after last year’s record production.
Exports of the commodity are estimated to decline 4 million tonnes in the 2021-22 marketing year to 19 million tonnes based on a decline in production.
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