‘Future fields of gold’ – Australia’s winter crop planting rises again

‘Future fields of gold’ – Australia’s winter crop planting rises again

Australia is looking at a second consecutive near-record winter crop planting, as excellent prices and good seasonal conditions see planted hectares rise.

In its just-released 2021/22 Winter Crop Outlook, global agribusiness banking specialist Rabobank says the national winter crop planting – currently underway across the country – is forecast at 22.93 million hectares.

This is up two per cent on last year – where planted area had soared on the back of a return to positive seasonal conditions around the country – and within one per cent of the nation’s record-high winter crop planting in 2016/17. This acreage also represents an area eight per cent above the five-year average.

The bank says this will see Australia on track to deliver an above-average winter grain crop for this season, with an estimated total wheat harvest of 28.9 million tonnes, barley of 10 million tonnes and canola of 4.1 million tonnes.

Report co-author, Rabobank grains and oilseeds analyst Dennis Voznesenski said with substantial rainfall and good soil moisture profiles across many parts of the country coming into this year’s planting, Australia was overall set up for another very strong winter grain crop.

Read the full article.


Remain an expert and save time ? Take few seconds to complete the registration form. Click here !

This image has an empty alt attribute; its file name is shutterstock_266367677-1024x613.jpg