Victorian grain farmers are increasingly optimistic that they are on track for an above average harvest – and potentially a bumper one.
Good August rainfall has kept crops primed with moisture, maintaining prospects for strong yields.
Traders and agronomists from the southern Mallee, northern Mallee, Wimmera, central Victoria and western districts say crops are looking excellent, but spring rainfall will be important.
Most of Victoria’s cropping areas have enjoyed their wettest winter since 2013.
It’s been a huge turnaround for farmers devastated by drought over the previous two seasons, sending farm debts soaring.
Unfortunately, the price outlook has soured significantly in recent months, which has growers confronting their lowest cereal prices since 2012.