JOURNAL ARTICLE

Australia Raises Wheat Forecast to Fourth Largest After Rain.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Westcott, Ben 3 of 3

Abstract

The article discusses Australia's anticipated fourth-largest wheat harvest on record, with total grain production expected to reach approximately 62 million tons in 2025, a 12% increase from previous estimates. The wheat forecast alone is projected at 33.8 million tons, reflecting a 10% rise since June, alongside increases in barley and canola production. This surge is attributed to above-average winter rainfall in key agricultural regions, which is expected to enhance crop yields. As one of the world's largest wheat exporters, Australia is responding to growing demand from Asian and Middle Eastern markets, despite a global trend of increased grain harvests putting downward pressure on futures prices. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/09, pN.PAG
  • Document Type:Article
  • Subject Area:Agriculture and Agribusiness
  • Publication Date:2025
  • Accession Number:187698035
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