Australia can about 2022 to 23 million tons in 30/35 Wheat harvest (a record-breaking 36 million tonnes collected last season), reports Reuters.
As noted, weather conditions in the country contribute to the implementation of grain wheat, in particular, the timely rains in Western Australia have accelerated the pace of field work for sowing high-protein durum wheat.
Total wheat sown area in Australia is expected to reach a record 14,45 million ha (up from 14 million ha in the previous season).
A possible high crop of Aussie Grain crop somewhat eases concerns about limited wheat supply in the world market due to shrinking global stocks.