• You will need to login or register before you can post a message. If you already have an Agriville account login by clicking the login icon on the top right corner of the page. If you are a new user you will need to Register.

Announcement

Collapse
No announcement yet.

Wheat average

Collapse
X
Collapse
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Wheat average

    Even last years bumper didn’t move it after three crapshoot years

    Might be rubbery

    Click image for larger version

Name:	7842CF09-1C45-4B57-AA91-0E7066262BB3.jpg
Views:	1
Size:	18.6 KB
ID:	779599

    #2
    If moisture is the limiting factor, there is only so much advanced agronomy and genetics can do.

    But if last year's conditions were good, why no bump? Are Australian growers too conservative with inputs and limiting the upside? Or are the numbers just bullocks?

    Comment


      #3
      Originally posted by ColevilleH2S View Post
      If moisture is the limiting factor, there is only so much advanced agronomy and genetics can do.

      But if last year's conditions were good, why no bump? Are Australian growers too conservative with inputs and limiting the upside? Or are the numbers just bullocks?

      "AGRICULTURE | PETROCHEMICALS | SHIPPING 15 Feb 2021 | 16:52 UTC New Delhi
      Australian 2020-21 wheat harvest more formidable than expected: ABARES

      Author Rohan Somwanshi
      Editor Jonathan Fox
      Commodity Agriculture, Petrochemicals, Shipping
      HIGHLIGHTS
      Australian 2020-21 wheat output highest in at least 31 years

      New South Wales production seen hitting 13.1 mil mt

      Australian 2020-21 wheat exports to China above 1 mil mt

      New Delhi — Australia's wheat production for the 2020-21 crop year is set to break multiyear records after the country's Department of Agriculture bumped up the harvest outlook again for a fourth consecutive time, hitting a level not seen in at least 31 years.

      Australia's wheat harvest is expected to hit 33.3 million mt in 2020-21 (April-March), led by favorable weather conditions missing from the last three marketing seasons, the Australian Bureau of Agricultural and Resource Economics and Sciences said in its quarterly crop report released Feb. 16.

      Production will be up 7% from a previous estimate and 120% higher year on year, according to the report.



      New South Wales forecast to register the largest increase, emerging as Australia's top wheat-producing state after a gap of five years, toppling Western Australia in the process, with production expected at 13.1 million mt, a more than fivefold increase year on year.

      New South Wales' production is attributed to a record high yield of 3.45 mt/ha, 72% above the 10-year average to 2019-20, ABARES said.

      Western Australia is expected to produce 9.5 million mt in 2020-21, up 64% year on year.

      Spotlight back on Australian wheat
      Grain markets are closely following Australia's resurgence on the global scene, after grain export curbs in Russia and weather concerns in Argentina, both major competitors to Australian wheat in Southeast Asia.

      Australian wheat prospects took a major hit in the last three years due to a prolonged drought that started in 2016, which took the country out of a race to dominate the Southeast Asian market, eventually won by suppliers in the Black Sea region.

      The spotlight on Australia has only intensified since the arrival of China as a major buyer of global grains, particularly corn and wheat; and despite some trade tensions between the two countries, data has confirmed bilateral relations have yet to hurt their wheat trade.

      China booked around 800,000 mt of wheat from Australia in December, according to customs data.

      By the end of January, total Australian wheat shipments to China should be over 1 million mt in 2020-21, a source said.

      "To put that into context, according to ABS statistics over the past five years that include bulk and container shipments, wheat to China for the October-January period averages around 250,000 mt, and the previous largest amount was 814,000 mt in 2004-05," according to James Maxwell, manager at Australian Crop Forecasters. "So current wheat exports to China are at record pace -- 257% above average and 11% above the previous record."

      Australia's 2020-21 wheat marketing year will run from October 2020 through September 2021."

      Very big wheat production! Happy for you folks Mallee!

      https://www.spglobal.com/platts/en/market-insights/videos/market-movers-europe/030821-oil-opec-lukoil-chevron-nord-stream-eu-carbon-border-adjustment-polymers-olefins

      Comment


        #4
        Originally posted by ColevilleH2S View Post
        If moisture is the limiting factor, there is only so much advanced agronomy and genetics can do.

        But if last year's conditions were good, why no bump? Are Australian growers too conservative with inputs and limiting the upside? Or are the numbers just bullocks?
        Questioned the author 5 year rolling average.

        Hence no bump just trends

        Figures can be manipulated how you want

        Comment


          #5
          Hey Mallee
          Good to have an Aussie perspective on things.
          Are there any good farmer forum sites in Australia that are similar to Agriville?
          What would you recommend for guys who want to learn more about farmer attitudes in the Land Down Unda?

          Comment


            #6
            Nah not really.

            Lots of Australians on the combine forum.

            Most aussies farmers use twitter not a chat forum lie this but widely used

            Comment


              #7
              How is it today Mallee?

              Getting better now?

              Comment

              • Reply to this Thread
              • Return to Topic List
              Working...