Australia's feed production to remain unchanged at the current year

As per latest data release by Australia's Agriculture Minister Joe Ludwig, the availability of feed grade wheat grade and other grades from new Australian crops won't be known until there is further progress in the annual harvest, said Wednesday.

The Australian wheat crop usually contains a high proportion of milling grade wheat of 10% protein and more, but the industry and analysts are reporting large volumes being downgraded to feed and general purpose grade as a result of poor weather.

The recent heavy rainfall has raised some quality issues for crops, particularly in New South Wales and Queensland, with reports of lower-protein wheat, a higher proportion of feed barley in the harvest, sprouted grain and mold and fungal diseases affecting pulses.

The government's chief commodities forecaster, the Australian Bureau of Agricultural and Resource Economics and Sciences, forecast Tuesday that wheat production this crop year will rise to 26.8 million metric tons, a 6.8% gain from a September forecast and soaring 22% from a revised estimate for production in the last crop year ended March 31, 2010 of 21.9 million tons.

The estimated domestic consumption this marketing year ending Sept. 30, 2011 is up a little on year at 5.2 million tons, leaving the rest available for export.

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