2020 Australian Crop Production
ABARES in Australia overnight released its updated 2020/21 major crop production numbers. Updates were generally published within prior expectations, but ABARES’ Sept report validates the fact that a major boost in grain and canola surpluses is ahead. 2020 Aussie wheat production was pegged at 28.9 MMTs, vs. USDA’s 26 and vs. 15.2 MMTs last year.…