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 Wheat harvest for 08-09 shrinking 

Wheat harvest for 08-09 shrinking

27 Oct, 2008 04:26 PM
THERE is now growing agreement between industry analysts that Australia’s wheat harvest for 2008-09 will be substantially less than 20 million tones.

Earlier forecasts, confirmed as late as two weeks ago, put the figure between 20mt and 22mt.

But poorer crops in parts of southern NSW, Victoria and South Australia and frost-affected areas of WA have caused a reassessment.

Harvest in Western Australia’s northern wheatbelt is well underway with expectations of an above average season following two very poor harvests.

Rain this week halted programs starting further south and east but those areas are likely to start next week.

All eyes are on the central wheatbelt where estimates of frost-affected crops remain unclear though anecdotal reports from farmers suggests variable crop losses averaging less than 30 per cent.

Overall, the state is poised to record its best harvest since the record 2005 season.

In South Australia, most areas have suffered from reaching yield potential because of a dry Spring.

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Wheat buyers had better bid up their prices because there is nowhere near as much wheat out here as you hoped for. Growers have spent a lot of money growing this crop and many would rather store than sell at current prices. Bid up or miss out.
Posted by Don, 28/10/2008 2:50:07 PM
forseeable best harvest since 2005 ???? i thought that drought affected much of australia's crops. between the weather and bio-fuels, i think less and less product will make the food markets this year !!! http://www.youtube.com/watch?v=P8fgAS0w9Q8 http://www.youtube.com/watch?v=z-t7PmonBEA goldieshouse.piczo.com
Posted by rich, 29/10/2008 4:21:32 AM

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