Australia exported 46,399 tonnes of canola in July to mark the rundown in old-crop supplies, as the market shifts focus to the fate of the weather-affected new-crop.
Diamondback moth (DBM) caterpillar populations are increasing in Western Australian canola crops this spring and growers are advised to start regularly checking crops for the potentially damaging pest.
The value of Australia’s farm production is forecast to remain relatively unchanged at $60 billion in 2018–19, well above the 10-year average of $55b, despite very dry conditions in some places, according to ABARES’ latest quarterly report released today.
Growers in Western Australia are advised to check their crops for frost damage following the weekend’s sub-zero events which have impacted cereal, canola and pulse crops so they can make informed choices about crop management.
Widespread and severe frosts centred on Western Australia’s Great Southern region have slashed at least one million tonnes (Mt) from the state’s expected winter crop, which was forecast by the Grain Industry Association of Western Australia (GIWA) on Friday at 16.3Mt.
Australia’s total winter-crop production is forecast to drop 12 per cent nationally to 33.2 million tonnes (Mt), with production declines forecast in all eastern states, according to ABARES’ latest periodic Australian crop report.
Australia exports 58,096 tonnes of canola in June, up on the May figure, and once again reflecting the United Arab Emirates as the sole bulk market.
The South Australian government has forecast the state’s winter crop at a below-average 6.9 million tonnes, including 3.95 million tonnes of wheat, which is close to one million tonnes below the five-year wheat average.
The Australian Oilseeds Federation (AOF) has released its initial 2018 forecast for the national canola crop, pegging the area at 2.15 million hectares (Mha), down 14 per cent from the standing ABARES estimate of 2.5Mha.
Export figures from the Australian Bureau of Statistics show Australia’s May canola shipments at 37,839 tonnes dropped to just 9 per cent of the April figure to reflect a rundown on exportable surplus from the crop planted last year.