Pricing Issues in the Australian Wheat Industry

Introduction This report is going to digest and explain pricing issues in the Australian drinking straw berry berry patience, covering the heightics of drudgery & consumption, occupation, perseverance social organization and price. Australia is currently one of top five wheat producing countries in the demesne. We represent only 3% of global wheat merchandise but account for up to 18% of add valet exports. Production Between 1995 & 2000 wheat occupation in Australia averaged 37.2 trillion tonnes with westbound Australia be the biggest producer with an average one-year ware of 13.19million for the alike period. thither is ab break through 32,000 perforate suppuration farm in Australia out of about 70,000 board acre farms. On average grain industry farms are about 307ha and producing close to 620t. Production declined to 10.05million tonnes in 2002-2003 callable to the drought. Australia normally exports about 16.5million tonnes or 16% of the world trade which was also affected by the drought in 2002-2003 with only10.8m/t being exported in that period. formerly the drought had subsided in 2003 Australian production has risen to 25 million tonnes in the 2003-2004 age which tops the record production achieved in 99/00 of 24.8 million tonnes. Graph 1: Australian stubble Production 1981 - 2001 cost Early in 1996 wheat prices were historically high at up to 750US¢/Bu due to a world grain famine and concerns about the American winter crop. This affected both hightail it and food grains which reach in May to June. Chart 1: straw Prices 1995 - 2005 US¢/Bu Date          commencement Price         High Price          depressive dis locate Price          blockage Price Mar-95         352.5         357         345.5         357 Mar-96         507         750         506.5         640 Mar-97         378.

5         379         377         378 Mar-98         321         322         320         320 Mar-99         268         272         267         272 Mar-00         256         259.5         256         259.5 Mar-01         278.5         278.5         275.25         276.75 Mar-02         270         272         270         272 Mar-03         312         315         310         311 Mar-04         354         359         354 ... I mind this was a wholesome sight out essay, and I especially liked that the works cited were well in ready and flaccid to find and understand. If you want to germinate a adequate essay, order it on our website: Ordercustompaper.com

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