Australia's grain stocks increase

by World Grain Staff
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CANBERRA, AUSTRALIA — The Australian Bureau of Statistics on Dec. 23 reported that the stock of grain held by Australian bulk handling companies and grain traders in November represented an increase in amount over 2010 and an increase in feed grain stock.

Australia's bulk storage of wheat grain in November 2011 increased by 8.1 million tonnes to 15.4 million tonnes from October 2011. This was almost double the amount stored in November 2010.

The start of the new season's wheat harvest has shown a pronounced rise in the quality of wheat grain in November 2011. Stocks of wheat grain for milling were 10.7 million tonnes, which was 69% of all grain stored in November 2011 compared to 52% in October 2011.

Feed grade wheat grain stocks were 4.7 million tonnes (31% of all grain) at the end of November 2011. This was an increase of 2.6 million tonnes compared to November 2010.

All Austrlian states recorded increased stocks of wheat grain stored in November 2011 when compared to October 2011. New South Wales stored the largest amount with 5.1 million tonnes (33% of the national stocks) and Western Australia was next largest with 4.2 million tonnes (27%).

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