Grain and Feed Update

An Expert's View about Fiber Crops in Australia

Posted on: 15 Aug 2012

Post’s 2011/12 grain estimates were revised in line with official Government of Australia statistics and in response to the changing world grain market outlook.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: 8/3/2012 GAIN Report Number: AS1213 Australia Grain and Feed Update August 2012 Approved By: Joseph Carroll, Agricultural Counselor Prepared By: Joseph Carroll, Agricultural Counselor Report Highlights: Post’s 2011/12 grain estimates were revised in line with official Government of Australia statistics and in response to the changing world grain market outlook. Exports of rain-affected wheat have surged in response to strong world feedgrain prices, and the estimate for total wheat exports in 2011/12 was increased to 22.5 MMT. The estimate for 2011/12 barley exports was raised to 5.0 MMT. In the absence of a total failure of spring rains, current conditions bode well for a good 2012/13 grain crop in eastern Australia. Drier conditions prevail in the west, consequently the arrival and timely distribution of spring rains will play an even more critical role in determining the prospects of the 2012/13 Western Australia grain crop. Post: Commodities: Canberra Wheat Barley Production, Supply and Demand Data Statistics: Wheat 2010/2011 2011/2012 2012/2013 Aus Market Year Begin: Oct 2010 Market Year Begin: Oct 2011 Market Year Begin: Oct 2012 tralia USDA Official New Post USDA Official New Post USDA Official New Post Area Harvested 13,645 13,645 14,100 14,100 13,500 1,350 Beginning Stocks 5,592 5,592 8,824 8,824 8,699 8,699 Production 27,891 27,891 29,500 29,500 26,000 26,000 MY Imports 121 121 100 100 100 100 TY Imports 120 120 100 100 100 100 TY Imp. from U.S. 2 2 0 0 0 0 Total Supply 33,604 33,604 38,424 38,424 34,799 34,799 MY Exports 18,655 18,655 23,000 23,000 20,500 20,500 TY Exports 18,477 18,477 22,500 22,500 20,500 20,500 Feed and Residual 3,000 3,000 3,500 3,500 3,500 3,500 FSI Consumption 3,125 3,125 3,225 3,225 3,235 3,235 Total Consumption 6,125 6,125 6,725 6,725 6,735 6,735 Ending Stocks 8,824 8,824 8,699 8,699 7,564 7,564 Total Distribution 33,604 33,604 38,424 38,424 34,799 34,799 1000 HA, 1000 MT, MT/HA Source: Wheat Exports Australia Barley 2010/2011 2011/2012 2012/2013 Aus Market Year Begin: Nov 2010 Market Year Begin: Nov 2011 Market Year Begin: Nov 2012 tralia USDA Official New Post USDA Official New Post USDA Official New Post Area Harvested 3,740 3,740 4,000 4,000 3,800 3,800 Beginning Stocks 1,875 1,875 1,056 1,056 1,256 756 Production 8,145 8,145 8,500 8,500 8,000 8,000 MY Imports 0 0 0 0 0 0 TY Imports 0 0 0 0 0 0 TY Imp. from U.S. 0 0 0 0 0 0 Total Supply 10,020 10,020 9,556 9,556 9,256 8,756 MY Exports 4,664 4,664 4,500 5,000 4,100 4,100 TY Exports 4,088 4,088 4,500 5,000 4,100 4,100 Feed and Residual 3,000 3,000 2,500 2,500 2,700 2,700 FSI Consumption 1,300 1,300 1,300 1,300 1,300 1,300 Total Consumption 4,300 4,300 3,800 3,800 4,000 4,000 Ending Stocks 1,056 1,056 1,256 756 1,156 656 Total Distribution 10,020 10,020 9,556 9,556 9,256 8,756 1000 HA, 1000 MT, MT/HA Recent Reports from FAS/Canberra The reports listed below can all be downloaded from the FAS website at: http://gain.fas.usda.gov/Lists/Advanced%20Search/AllItems.aspx. Title of Report Date Biofuels Annual 2012 06/27/12 Retail Sector Report 06/11/12 Dairy and Products Semi Annual 2012 05/07/12 Sugar Annual 2012 04/10/12 Cotton and Products Annual 2012 03/29/12 Grain and Feed Annual 2012 03/20/12 Wine Annual 2012 03/15/12 Livestock and Product Semi-annual 2012 03/13/12 Grain & Feed Lock-Up – February 2012 01/24/12
Posted: 15 August 2012

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