2022-23 Harvest Updates, page-8

The good website 'Grain Centra;' posted this a couple of days ago. I've extracted relevant excerpts:

(as always at this time of year, some comments are speculative. I like AaronS76's constant reminders about how grain needs to be delivered before we celebrate):

"AS AUSTRALIA heads towards its second largest grain crop ever, supply chain stakeholders will be double-checking harvest plans to make sure everything is in place to manage the predicted volumes, according to ANZ’s latest Agri Commodity Report.

Conditions in different crop growing parts of Australia have been mixed, however most crops are still on track to be at near record levels, particularly Western Australia.

ANZ’s Head of Agribusiness, Mark Bennett, said all major crops were still looking at great forecasts, with the largest crop on record forecast for canola, the second largest for wheat and the third largest for barley...
...With the major volumes forecast to come from a range of crops, Mr Bennett said grain receival sites would need to plan not just for personnel needs, but for the infrastructure to accommodate separate inflows of wheat, canola, barley and other crops.

Regionally, the latest ABARES report forecasts the wheat crop on the east coast to be down around 11 per cent on last year, while the wheat crop in the west is forecast to rise by over 20pc.

Another trend which may be impacted this year could be the growth of on-farm storage, which has risen strongly in recent years, as farms consolidate, retain grain for feed or future sale, and as farm storage infrastructure has become relatively less expensive and technologically more advanced.

“For this harvest, given the ongoing strong demand for exports, combined with the rapid growth of the domestic feedlot sector to meet the demand for red meat, it is foreseeable that much larger volumes of grain will be transported directly to their end destination than in the past, including from west to east,” Mr Bennett said."