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Australia to import grain amid soaring local prices
(MENAFN) For the first time in over a decade, Australia will be importing grain as it recovers from the devastating drought last year.
The government has approved a single shipment permit to import bulk wheat from Canada to ease the rising local prices for grain after the worst drought in years on the east coast.
According to the Australian Bureau of Agricultural and Resource Economics (ABARES), national winter crop production is expected to be 20 percent below the 20 year average, coming in at 29.3 million tons for 2018-19.
However, grain production remained higher than that of previous droughts because winter crop production in Western Australia is expected to reach 56 percent of national production in 2018-19, compared with an average of 36 percent in the 20 years to 2017-18.
The government has approved a single shipment permit to import bulk wheat from Canada to ease the rising local prices for grain after the worst drought in years on the east coast.
According to the Australian Bureau of Agricultural and Resource Economics (ABARES), national winter crop production is expected to be 20 percent below the 20 year average, coming in at 29.3 million tons for 2018-19.
However, grain production remained higher than that of previous droughts because winter crop production in Western Australia is expected to reach 56 percent of national production in 2018-19, compared with an average of 36 percent in the 20 years to 2017-18.
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