CANBERRA, AUSTRALIA — The Australian Bureau of Statistics (ABS) announced on Aug. 24 that at the end of July 2010, Australia's bulk storage of wheat grain was estimated at 7.9 million tonnes, which is 20% less than the amount stored at the same time in June 2010.

ABS reported that of the total wheat grain stored by bulk grain handlers, 89% (or 7 million tonnes) was milling grade, and 11% (or 900,000 tonnes) was feed grade. Wheat grain stored by bulk grain handlers decreased in all states in July 2010, when compared to June 2010.

According to ABS data, wheat grain stocks stored by bulk handlers in New South Wales at the end of July totaled 1.45 million tonnes, while bulk storage of wheat in Victoria totaled 678,000 tonnes.