Australia expects a strong grain crop in 2022-23

According to a forecast from the US Department of Agriculture's Foreign Agricultural Service, Australia is predicted to produce another significant grain crop in 2022-23, following a record-setting winter crop and robust summer crop production in 2021-22. (FAS).

While overall grain area is predicted to remain substantial, yields are expected to drop from last year's unusually high levels to more ordinary levels. Exports of wh....