Local wheat prices set to realign with rest of world

摘要

With one month of winter done and dusted, crop forecasters are becoming increasingly confident that this year wouldsee a return to, at least average production.National wheat production is set to increase 73 per cent, year-on-year. Not surprisingly NSW and Queensland are set to see the biggest change in fortunes, with two-and-a-half fold increases predicted.Victoria had one of the best years of all states last year (in relative terms), production there is currently looking steady, year-on-year.