Australia Significantly Increased Winter Grains Crops In 2016

ABARE's latest report states that grain yield in Australia reached 58.9 mln tons in 2016, which is 49% more than the previous year.

The state of Victoria boasted the biggest yield growth with 10 mln tons versus only 4 mln tons in  2015. Yield grew to 16 mln tons (+43%) in the state of New South Wales and the growth in South Australia was 56%. The average barley yield is at top level in history – 310 kg/decare. Barley areas were 3% bigger than the previous year up to 8.7 mln decares.

Wheat yield in Australia has set an absolute record of 35.13 mln tons in 2016 - 2017, which is 11.5 mln tons more than last year and 5.23 mln tons more than the previous record set in 2011 – 2012.

Record 4.0 – 4.3 mln tons of grain were exported from Australia in January 2017. The previous record was set in January 2012 – 3.0 mln tons. Demand was high on behalf of Saudi Arabia, China and India. Wheat and barley prices are low due to the record yields. Australia has exported 8.2 mln tons of wheat since the start of the season and export may rise to 22 – 25 mln tons at the end of the season. Barley export was 3.3 mln tons in the first five months of the season.