Australia achieves average wheat, barley harvests

Source:  Canadian Cattlemen
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Australian wheat and barley came away with average crops for 2023/24, as the threat of dryness caused by an El Niño posed a major challenge, according to the United Stated Department of Agriculture attaché in the country’s capital of Canberra.

Wheat and barley production for 2023/24 was significantly lower than the very large crops of the previous marketing year. For wheat, the attaché estimated Australian output for this year at 25.5 million tonnes, down from the record 40.55 million in 2022/23 which was fueled by ample rainfall. Barley came in at 10.50 million tonnes having dropped from the near record harvest of 14.14 million.

When wheat and barley are compared to their 10-year averages, of 26.5 million tonnes and 11.2 million respectively, their 2023/24 harvests were favourable, the attaché stated.

There was a small decline in harvested wheat area, the attaché noted, with 12.5 million hectares in 2023/24 compared to the 13.05 million the year before. Yields fell by more than a tonne per hectare, from 3.11 last year to only 2.04.

With a smaller wheat harvest came reduced exports, the Canberra desk reported 31.82 million tonnes in 2022/23 versus 19 million this year. Total consumption remained at eight million tonnes and ending stocks dropped from 4.37 million tonnes to 3.07 million.

The attaché noted harvested area for barley bumped up to 4.20 million hectares from the 4.13 million sown in 2022/23 but yields fell back from 3.43 t/ha. to 2.5 in 2023/24.

Marketing year exports were down as well, from 7.77 million tonnes to six million in 2023/24, but total consumption remained at six million tonnes. That saw ending stocks shrink from 3.22 million tonnes in 2022/23 to 1.72 million.

China continued figure prominently when it came to wheat and barely exports from Australia, with the attaché noting the latter has often faced stiff competition from Canada.

Of Australia’s total wheat exports, the percentage heading to China has risen from nine to 24 per cent over the last three years.

Barley witnessed a turnaround in exports, as China lifted its three-year-old ban on the Australian crop. Outbound shipments to China resumed in August 2023, with a surge in exports during September and October. In that short timeframe, China became Australia’s number three barley customer.

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