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Private forecaster trims Australian wheat estimate

Posted on 28 October 2008

From Iii.co.uk: Australian Crop Forecasters (ACF) cut its forecast for the country’s 2008/09 wheat crop by 2.5 percent on Tuesday after crop failures in the south-east grainbelt.

ACF said it now expected the harvest to be 19.5 million tonnes, down from a 20 million tonnes estimate on Oct 21, following hot weather damaged crops in the states of Victoria and South Australia at the weekend….. Full Article: Source


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