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NEWS
UPDATED 31 JULY 2008
INDEXFEB 08MAR 08APR 08MAY 08JUN 08JUL 08LATEST


Crop forecasts down
18 Jun 2008

ABARE's total Australian winter crop forecast is 37 million tonnes, 65 per cent up on last year's harvest but down from forecasts in March. The wheat crop is expected to come in at 23.7 million tones, down 9 per cent on predictions in March, due to a dry autumn in the eastern states. ABARE said summer grain sorghum delivered a record 2.7 million tones this year while rice and cotton had been affected by irrigation water shortages in the Murray Darling basin. Rice production fell 88 per cent while the area planted to cotton was the lowest in 25 years.

The Australian Financial Review, 18/6/2008

Previous News Items:
17 Jun 2008 | ABARE to downgrade wheat forecast
17 Jun 2008 | South Australian forecasts positive
16 Jun 2008 | AWB investment strategy cost farmers
16 Jun 2008 | Wheat forecast drops
16 Jun 2008 | US floods put pressure on prices


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