Logically given the rain in the NSW Riverina and Victoria during the week to Sunday 3 December, the 4 December harvest update was always going to show a very low level of receivals. Here it is:
Grain receivals (tonnes) at GrainCorp up-country sites as at 4 December 2023
Since last report Total[1] Queensland 300 411,600 New South Wales 89,600 2,823,300 Victoria 218,000 1,863,700 Total grain receivals 307,900 5,098,600 [1] Excludes winter crop receivals prior to 1 October 2023 and direct-to-port receivals.
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GNC hasn't given any indication as to the remaining 2023-24 southern NSW and Victorian likely yields and tonnages. Hopefully next week's update starts to give a slightly clearer picture, especially re Victoria.
For east coast Australia, GNC receivals are still under half of the total harvest update figure for the winter 2022 crop (which as always wasn't final receivals, but it gave a good guide).
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