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ABARES forecasts Western Australia's winter crop at 14.4 million tonnes, with barley plantings up about 10% to 1.6 million hectares and production near 3.7 Mt. Canola area is forecast to fall 18% to 1 million hectares as dry soils pushed growers toward barley.
Higher WA barley output adds feed grain supply in Australia's export region, while lower canola plantings reduce canola meal availability.
farmweekly.com.auTravis KingJun 18, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
