How low can wheat go?, page-126

http://www.theland.com.au/news/agriculture/cropping/general-news/usda-raises-estimates/2745526.aspx

Interesting to see that usda have increased the forecast production of this years australian wheat harvest up 1 million tons to 27 million. What a joke. Most others have lowered this years harvest numbers by at least 1 million tons after a very dry few months. With no rain on the horizon still think that 24-25 million tons is a bit optimistic. Talking to a bloke yesterday who said parts of vic were buggered with 5 ton crops 2 months ago back to 2 ton crops now. Crops here in central nsw are back by at least 1/3rd some later ones by half. Also some frost around. Im tipping closer to 22 million tons.