Agribusiness
We’re back! Australia on track for above-average winter crop
Oct. 22, 2020
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6 min read
Australia is on track for a major recovery in grain production, with the winter harvest set to come in at above-average levels, according to just-released forecasts by agribusiness specialist Rabobank. In its Australian Winter Crop Production Outlook 2020/2021, the agribusiness bank says after three successive years of below-average production due to drought in many parts of the country, Australia’s “long-awaited grain production recovery is here”, with the nation expected to harvest 47.4 million tonnes of winter grains, oilseeds and pulses this year.