Australia increased its forecast for the coming harvest, because the weather in the core regions of the vegetation through the autumn rain is very good and will heave the production volume on a 4-year high. Australia is the world's fourth-largest wheat exporter.
Wheat is Australia's most important crop in the winter half of the year. The Australian Bureau of agricultural and resource of Economics at Sciences expects a harvest volume of 25.4 million tons in 2017. The previous estimate was still 24.5 million tons. If the new estimate is true, which is the largest wheat harvest since 2012/13.
