Fed: Rural Aust bouncing back as silos and wallets fill

AAP General News (Australia)
12-03-2003
Fed: Rural Aust bouncing back as silos and wallets fill

A national crop forecaster reports that the second largest winter crop on record will
be a 121 per cent improvement on last year.

The Australian Bureau of Agricultural and Resource Economics has released its last
crop report for the year, forecasting a winter crop of 37.6 million tonnes.

The healthy jump is a result of a 138 per cent surge in wheat production.

The wheat crop, which was less than 10 million tonnes last year, is expected to reach
24 million tonnes this season.

Barley production is expected to climb 109 per cent, canola by 68 per cent and pulses
by 81 per cent.

AAP RTV sw/sb/rh/rp/rh/lma

KEYWORD: ABARE (CANBERRA)

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