AWB Limited is expecting the 2001/02 national wheat harvest to exceed 23 million tonnes, AWB Chief Executive Andrew Lindberg said today.
With about 95 per cent of the wheat crop now in the bin, Mr Lindberg said total production was set to eclipse early expectations, largely as a result of a huge harvest in South Australia, and the remarkable "comeback crop" in Western Australia.
"The wheat receivals this season have been boosted by the highest ever production in SA, and by the fact that the WA crop, which did not look very promising at the end of July, has turned around and significantly exceeded the estimates that were made at that time," said Mr Lindberg.
This year’s wheat harvest in SA is expected to be around five million tonnes, smashing the previous record, set last season, of 4.5 million tonnes.
WA wheat farmers are now expected to produce up to 7.5 million tonnes, after a dry start early in the year had seen estimates as low as four million tonnes.
"Elsewhere, Victorian and New South Wales growers have also had good seasons, although much of the Queensland cropping area was significantly affected by drought," said Mr Lindberg.
"What is especially good news for growers is that at the same time as many have been able to produce a top crop, the wheat prices have also been very good."
Mr Lindberg said the while cool and moist conditions had prolonged the 2001/02 harvest, particularly in southern states, the vast majority of the crop remained good quality, and was an improvement on last year’s weather affected crop.
"AWB is now working hard to sell and ship the crop, and has already made a solid start to those programs," said Mr Lindberg.
For further information contact Ryan McKinlay (03) 9209 2324 or 0408 347 282.