All
 

 

Just in:  

You are here: Home»Business & Economy»Pakistan»Australia cuts wheat export forecast

Australia cuts wheat export forecast

Australia cut its forecast for 2014/15 wheat exports and increased its beef export forecast as dry weather hits crops and drives up slaughter rates, taking the national herd to at least a 17-year low. The forecasts come as Australia's weather bureau warned last week that an El Nino weather event - linked to hot, dry weather - is likely over the next three months, darkening the outlook for agricultural producers.

Australian wheat exports were pegged at 16.99 million tonnes, down 6 percent from a September forecast, the country's official commodities forecaster said.

Copyright Reuters, 2014



 



 
Index Closing Chg%
Arrow DJIA 17,6630.27 1.09
Arrow Nasdaq 5,089.21 0.98
Arrow S&P 2,093.25 1.24
Arrow FTSE 6,555.28 0.77
Arrow DAX 11,173.91 1.06
Arrow CAC-40 4,977.32 1.01
Arrow Nikkei 20,328.89 0.10
Arrow H.Seng 24,503.94 0.62
Arrow Sensex 27,459.23 0.37





New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk



Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln