DRY WEATHER IMPACTING AUSTRALIA WHEAT
With an anticipated decline in planted area and yields, wheat production in Australia for the 2024-25 marketing year is forecast at 25.8 million tonnes, 3% below the previous 10-year average, according to a report from FAS. The agency forecasts a 400,000-hectare decline in wheat planted area for 2024-25. “This is due to vastly different growing conditions at the start of the period of planting between Australia’s eastern and western production regions,” FAS said.
The eastern part of the country has received average to above-average rainfall in the first four months of 2024, while western and southern Australia “have entered the start of the planting period with below-average root zone soil moisture and have yet to receive fall rains to get the winter planting going in earnest.” Australia is projected to export 17.5 million tonnes in 2024-25, a 13% decline from the previous year.
(Link: WorldGrain)
UKRAINE’S 2023/24-GRAIN EXPORTS REACHED 40.3 MILLION TONS
Ukraine’s grain exports in the period from July to June 2023/24 reached nearly 40.3 million tons, the Ministry of Agriculture of Ukraine said. Exports this season include 15.4 million tons of wheat, 22.2 million tons of corn, and 2.2 million tons of barley. The Ukrainian government plans to harvest 81.3 million tons of grain and oilseeds in 2023, with a 2023/24 export surplus of about 50 million tons. Ukraine’s agriculture ministry said combined grain and oilseed production in 2024 could fall to 74 million tons, including 52.4 million tons of grain.
(Link: Vina.Net)
