USDA: Australia's 2013/14 wheat production is down to 23.5 million tons

USDA: Australia's 2013/14 wheat production is down to 23.5 million tons

According to the U.S. Department of Agriculture Foreign Agricultural Service Center released the latest Counselor report shows that 2013/14 ( October to September ) Australian wheat production may be 23.5 million tons, down from an earlier forecast of 24.5 million tons, higher than the 2012 / 13 year 's 22.1 million tons.

Counsellor expected 2013/14 Australian wheat export volume of 18 million tons, compared with an earlier forecast of 18.5 million tons last year to 19.5 million tons. Where food, seed and industrial use is projected at 300 million tons, the earlier forecast of 3.3 million tons, last year 320 million tons.

Counsellor expected 2013/14 Australian wheat ending stocks at 280 million tons, compared with an earlier forecast of 300 million tons last year to 3.2 million tons.

According to the U.S. Department of Agriculture Foreign Agricultural Service Center released the latest Counselor report shows that 2013/ 14 year (November to October) Australian barley production forecast unchanged at 7.2 million tons. By contrast, last year's actual production of 670 million tons.

Counsellor expected 2013/14 Australian barley exports to 400 million tones, consistent with earlier forecasts; last year was 380 million tons.

2013/14 ending stocks of barley in Australia is estimated at 369,000 tons, down from an earlier forecast of 410,000 tons, last year was 21.9 million tons.

Senator Richard Colbeck has announced that Australia's aquaculture industry has been significantly increased and now accounts for almost half of the country’s fish production. Australian Bureau of Agricultural Resource Economics and Science of the “Australian Fisheries Statistics 2012 annual report” shows that in the past decade aquaculture fishery products in Australia, the share of revenue from 30% to 46%.

"Most of the growth can be attributed to the rapid growth of the fish farming industry in 2011-2012, the production of farmed salmon to become the largest groups of species, its revenue grew 20 percent and it is still Australia's highest yielding fishery products, worth $ 513 million, " Mr baker, Cole said.

Colbeck Members said the report shows that Australia’s total fisheries production value growth of 3 percent to $ 2.3 billion. Australia's domestic seafood consumption in the past 30 years has been on the rise, Australians eat 25 kilograms per person per year seafood, higher than the world average.