Kernel Shriveling May Reduce Australia Wheat Yield

January 22, 2013

A spring drought topped off by an intense heat wave may have damaged Australia wheat yields more than expected.

The USDA kept 22 million metric tons for the Australia wheat production estimate in the January World Agricultural Supply-Demand Estimates (WASDE) report, but reduced exports 500,000 tons to 16.5 million metric tons.   Last season Australia exported 24.69 MMT of wheat, and second only to the United States 28.56 MMT... subscribers continue to full story...