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7122.0.55.001 - Stocks of Grain Held by Bulk Handling Companies and Grain Traders, Australia, Aug 2012 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 17/09/2012   
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SECOND LAST ISSUE

The ABS Wheat publications Stocks of Grain Held by Bulk Handling Companies and Grain Traders, Australia (cat. no. 7122.0.55.001) and Wheat Stocks and Exports, Australia (cat. no. 7307.0) are undertaken on a consultancy basis to assist the wheat industry. Release of these publications is not planned beyond the September reference period. Therefore, the final release of Stocks of Grain Held by Bulk Handling Companies and Grain Traders, Australia (cat. no. 7122.0.55.001) is planned for 17 October 2012, and the final release of Wheat Stocks and Exports, Australia (cat. no. 7307.0) is planned for 9 November 2012.

For more information, please contact Peter Scott on (03) 6222 5708


KEY POINTS


Wheat grain stored, Australia

  • Australia's bulk storage of wheat grain in August 2012 decreased by 2.4 million tonnes (21%) to 9.1 million tonnes since July 2012. This was 711 thousand tonnes (7%) lower than in August 2011.
  • The continuous decrease of Australia's bulk storage of wheat grain closely follows the expected pattern of decline post-harvest in combination with increasing wheat grain exports over the last few months (see Wheat Stocks and Exports, Australia, cat. no. 7307.0).
Graph Image for Stocks of wheat grain, Australia(a)

Annotation(s): (a) The end of September is used to represent the closing stocks of wheat grain prior to the commencement of the next harvest period (October to September).

Source(s): Stocks of Grain Held by Bulk Handling Companies and Grain Traders, Australia




Wheat grain stored by state
  • All states recorded a decrease in stocks of wheat grain stored in August 2012. With a decrease of 806 thousand tonnes (17%) from July 2012 Western Australia registered the biggest fall of wheat grain stocks.
  • The largest quantity of wheat grain was held in Western Australia with 4.0 million tonnes that accounted for 44% of the Australian total. New South Wales (including ACT) was next largest with 2.4 million tonnes contributing 26% of national stocks.

Graph Image for Stocks of wheat grain by state(a)

Annotation(s): (a) The end of September is used to represent the closing stocks of wheat grain prior to the commencement of the next harvest period (October to September). (b) NSW includes ACT (c) Victoria includes Tasmania until September 2011

Source(s): Stocks of Grain Held by Bulk Handling Companies and Grain Traders, Australia



Wheat grain stored by grade


  • The stocks of wheat grain stored in 2011-12 are generally of a better quality than in 2010-11, which has consequentially lifted the ratio of milling grade wheat grain to feed grade wheat grain this season. In August 2012 the ratio of milling to feed grade wheat grain was 3.0:1 while August 2011 ratio was 1.1:1.
  • Stocks of wheat grain for milling in August 2012 were 6.8 million tonnes which was 75% of all grain stored. This was a decline of 1.4 million tonnes (or 17%) since July 2012 and an increase of 1.7 million tonnes (34%) compared to August 2011.
  • At the end of August 2012, feed grade wheat grain stocks were 2.3 million tonnes (25% of all grain stored) which was a decrease of 980 thousand tonnes (30%) from July 2012. Compared to August 2011 feed grade wheat grain stocks were down by 2.4 million tonnes (52%).

Graph Image for Wheat grain stored by grade(a) (b)

Footnote(s): (a) The end of September is used to represent the closing stocks of wheat grain prior to the commencement of the next harvest period (October to September). (b) Wheat grain is graded by quality.

Source(s): Stocks of Grain Held by Bulk Handling Companies and Grain Traders, Australia



FORTHCOMING ISSUES

ISSUE Release Date
September 201217 October 2012

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