The grain market will come under increased pressure from Australia in the coming season. Here, farmers have expanded their winter cereal areas. 2024/25 m. Australian winter grain production will increase by 16% to 55.1 million tonnes compared to last year. This is 17% above the average for the past 10 years.

Australia is forecast to produce 31.89 million tonnes of wheat this year, almost 5 million tonnes more than last year. Canola is also expected to reach 5.58 million tonnes. However, this is 461 000 tonnes less than last year.

The forecast for the wheat harvest is 11.66 million tonnes, which is 865 000 tonnes higher than last year.