BUSINESSBLOOMBERG
Australian Wheat Crop Expected to Drop 26% on Weather, War Costs
Australian wheat crop is expected to drop 26% due to weather and war costs, but growers are benefiting from a bumper harvest, global wheat shortages, and near-nine-year-high prices. A stockpile of wheat is stored at a Riordan Grains facility in Balliang, Victoria.
Mentioned
Related Signal
Adjacent reporting
- Wheat Extends Gains as Poor Weather Worsens US Crop Conditions
- Turkey Wheat Output Seen Rebounding After Drought-Hit 2025
- We're having the worst wheat crop in decades. You'll notice the ripple effects soon at the grocery store
- US Farmers Dial Crop Adjusters as Wild Weather Hammers Wheat
- We’re having the worst wheat crop in decades. You’ll notice the ripple effects soon at the grocery store
- USDA Projects Smallest US Wheat Harvest Since 1972 Due to Plains Drought