Rain boosts Australia’s wheat harvest forecast
Rainfall across Australia’s wheat belt has boosted the 2025 harvest forecast to about 33 million tons, up from June’s 30.6 million-ton estimate. The improved outlook—close to last year’s 34 million tons—comes as global supplies remain abundant, likely pressuring prices. Favorable weather, including above-average rainfall forecasts, has strengthened crop prospects nationwide.
Rainfall across most of Australia’s grain-growing regions in July has raised forecasts for the country’s 2025 wheat harvest to approximately 33 million tons. This marks a significant improvement compared to earlier projections in June, when some areas were still grappling with dry conditions, and the agriculture ministry estimated a harvest of 30.6 million tons.
A large wheat crop in Australia, one of the world’s top wheat exporters, is likely to further depress prices, which are already low due to abundant global supply. Experts note that increased production could impact global markets, posing additional challenges for farmers in other countries.
Despite a dry start to the growing season in regions like South Australia and parts of Victoria, recent rains have improved soil moisture levels. Australia’s Bureau of Meteorology forecasts above-average rainfall for most agricultural areas over the next three months, fueling optimism for the harvest.
This year, Australia is expected to match or surpass last year’s wheat production of around 34 million tons. These projections highlight the positive impact of favorable weather conditions on the country’s agriculture and its standing in the global grain market.
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Source : Ukr Agro Consult
