Australia has trimmed its wheat production forecast in the current marketing year by 2.3 per cent from its previous estimate to 22.03 million, though the world’s No. 2 exporter said crop damage from dry weather did not appear as bad as expected.
The wheat forecast for the 2012/13 marketing year was lowered from an estimate of 22.54 million tonnes in September, data from the government’s commodities forecaster showed on Tuesday.
via Business feed http://www.scmp.com/business/economy/article/1097201/australia-trims-wheat-output-forecast-dry-weather
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