ABARES Slashes Its Aussie Wheat Crop Estimate

Posted on 06/12/2018 10:56 AM
Australia’s wheat crop will likely total just 21.9 MMT in 2018-19, according to the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES). This represents nearly an 8% cut from its previous estimate for a 23.7 MMT crop. It also warned that if rains do not fall soon along Australia’s east coast, crop prospects c...