IDAHO WHEAT COMMISSION

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Australia Forecasts Record Wheat Crop Despite Floods

Australia is expected to produce a bumper year of crops including record wheat production in the current financial year, the government said, despite the impact of widespread flooding in the the country's eastern region. Total winter crop production across the country is forecast to total 62 million tonnes, the second highest on record, according to a report from the federal Australian Bureau of Agricultural and Resource Economics (ABARES). Wheat production, the country's major grain crop, is forecast to reach 36.6 million tonnes in the 12 months running to June 30, 2023, a 1% increase over the previous record set last year, the report said.