Promising signs for Australian wheat harvest
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.
All in hand: NAB predicts rebound for Australia's agriculture sector
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% in 2009/10...
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