Australia's bulk stored wheat holdings drop slightly

by World Grain Staff
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CANBERRA, AUSTRALIA — The Australian Bureau of Statistics (ABS) announced on June 3 that at the end of April 2011 Australia's bulk storage of wheat grain was estimated at 17.3 million tonnes, which was a decrease of 1.4 million tonnes (8%) compared to March 2011. Stocks were up 36% compared to April 2010.

ABS reported that of the total wheat grain stored by bulk grain handlers, 55% (or 9.5 million tonnes) was milling grade and 45% (or 7.8 million tonnes) was feed grade. This compares to 86% (11 million tonne) for milling and 14% (1.7 million tonnes) for feed in April 2010.

The wet harvest season contributed to a lower quality yield of wheat grain and this has continued from March into April 2011.

All states, other than Victoria which was up by 77,000 tonnes, reported decreases in stocks of wheat grain compared to March 2011. Western Australia had the most significant fall with 567,000 tonnes. New South Wales and South Australia had the largest amounts of wheat grain stored by bulk grain handlers with 6.2 million tonnes and 4.2 million tonnes respectively.
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