¬†Wheat area may fall 4% on year, yields seen down 18% on year Area, yields seen declining on rising fertilizer costs 2022-23 wheat exports seen falling 20% to 22 million mt Australia’s wheat output is likely to decline sharply on the year in marketing year 2022-23 (October-September) due to an anticipated drop in sowing area and yield on account of rising fertilizer costs, the Canberra attache of the US Department of Agriculture’s Foreign Agricultural Services said. Receive daily email alerts, subscriber notes & personalize your experience. Register Now According to the report dated April 27, Australia’s wheat output in MY 2022-23 is seen falling 20% on the year at 29 million mt, from a record 36.3 million mt projected for MY 2021-22. The area under the crop is also likely to decline to 12.5 million mt, 4% down from 13 million mt seen in MY 2021-22. The planting […]