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7122.0.55.001 - Stocks of Grain Held by Bulk Handling Companies and Grain Traders, Australia, Jul 2012 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 17/08/2012   
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KEY POINTS


Wheat grain stored, Australia
  • Australia's bulk storage of wheat grain in July 2012 decreased by 2.6 million tonnes (18%) to 11.5 million tonnes since June 2012. This was 17 thousand tonnes (less than 1%) higher than in July 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 July 2012. With a decrease of 1 million tonnes (17%) from June 2012 Western Australia registered the biggest fall of wheat grain stocks.
  • The largest quantity of wheat grain was held in Western Australia with 4.8 million tonnes that accounted for 42% of the Australian total. New South Wales (including ACT) was next largest with 3.1 million tonnes contributing 27% 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 new season wheat of 2011-12 is generally of a better quality than in 2010-11 which has consequentially lifted the ratio of milling to feed wheat over the last few months. In July 2012 the ratio of milling to feed grade wheat grain was 2.5:1 while July 2011 ratio was 1.1:1.
  • Stocks of wheat grain for milling in July 2012 were 8.2 million tonnes which was 72% of all grain stored. This was a decline of 1.7 million tonnes (or 17%) since June 2012 and an increase of 2.1 million tonnes (35%) compared to July 2011.
  • At the end of July 2012, feed grade wheat grain stocks were 3.3 million tonnes (28% of all grain stored) which was a decrease of 940 thousand tonnes (22%) from June 2012. Compared to July 2011 feed grade wheat grain stocks were down by 2.1 million tonnes (39%).

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
August 201217 September 2012
September 201217 October 2012

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