Case IH Power Tab

Farm Futures
   Search Site:   Friday, May 25, 2012 | Bookmark This Site   
Skip Navigation Links
Home
Markets
News
Weather
Farm Futures NOW!
Magazine Online
RSS News
Land For Sale
Mobile
Subscribe
Reprints
Register
Login
About Us
Advertise
 
Share This
 

Eastern Australia Hit Hard By Rains This Week

Rains expected to downgrade Australian wheat crop.
Compiled by staff 
Published: Nov 21, 2008

Some of Australia's prime wheat growing areas in central and northern New South Wales and southern Queensland suffered drenching rains this week on crops still in the field. The rain could cost producers millions if it causes the wheat to be downgraded from hard milling to feed grade.

"I'm not confident the quality is going to hold up," said Keith Perrett, chairman of the government's National Rural Advisory Council. "Given we've had the rain, the muggy weather, it's probably not looking that good. The critical timing is the next couple of days; if we can get some hot, fine weather, it will lessen the chances of damage."

Harvest of what looked to be a bumper crop has been brought to a standstill this month by widespread rains. Mark Irwin, managing director of GrainCorp, says he is expecting to see grades come off from where they were a week ago, but not as much as many people are expecting.

"You might lose a little bit in terms of tons, the quality might come off a little bit," Irwin says. "But there's still pretty good quality wheat up there.



Permalink: Click here

Tagged: wheat, Harvest

Comments
Read comments from others and share your own thoughts.
Please provide the answer to the following question:

 = 
 
Search this site:   

Read More Stories
USDA Seeks Comment on Report Timing
Read this storyWith new market hours,USDA is looking into the right time to release information to the market.
Read this story

Weekend Forecast Changes Pivotal for Grain Futures
Read this storyEurope remains a concern, but the big driver on Tuesday will likely be the state of next week’s anticipated Midwest rains.
Read this story

Farm Markets Rise Ahead of Holiday
Read this storyOvernight boost based on positive comments from Europe aimed at pressuring Germany.
Read this story

 
Morning Call by Bryce Knorr
USDA Seeks Comment on Report Timing
Farm Markets Rise Ahead of Holiday
Afternoon Recap by Arlan Suderman
Livestock Call By John Otte
Satellite Imagery Shows the Good and the Bad
CME Group Alters Hours…Again
The Buzz: Grain Market Chaos Continues
Weekend Forecast Changes Pivotal for Grain Futures
Farm Bill Heads for Senate Floor
Top 50 Tags
4-H afternoon recap American Farm Bureau Federation American Soybean Association animal health arlan suderman biodiesel biofuels bryce knorr BSE Bushel checkoff cotton Drought Environmental Protection Agency EPA ethanol Extension extension service farm farm bill Farm Bureau farm futures farm futures magazine farm futures market farm progress Farm Service Agency farmfutures farmfutures.com farming farmprogress.com fertilizer FFA free trade agreement Harvest insurance labor legal National Cattlemen's Beef Association National Corn Growers Association NCGA soybean soybean association soybeans SURE usda wheat winter wheat www.farmfutures www.farmfutures.com