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You are here: Home → Archive → 2009 → August → Weekly Edition 6th of August 2009 → Promising signs for new wheat harvest

Promising signs for new wheat harvest

by Sineva Toevai — last modified Aug 06, 2009 03:56 PM

A BETTER than expected start to the crop season has prompted National Australia Bank to revise higher its wheat production forecast for the next financial year.

According to the bank’s June quarter survey of the agribusiness sector, Australian wheat production is on track to rise by 8% in 2009/10 to 23.2m tonnes.
The NAB forecast in April that wheat production would fall by less than 1%...

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