Rain in parched areas of Western and South Australia and more expected in coming days could add as much as a million tons to the country's wheat harvest, analysts said this week. The larger wheat production would help boost global supply after crop losses in Russia pushed Chicago futures prices to 10-month highs. Australia is a major exporter of wheat, barley and canola, and all three crops would benefit from the rains, Reuters said.

Related Keywords

Canberra , Australian Capital Territory , Australia , Chicago , Illinois , United States , Russia , Sydney , New South Wales , Ahoue , Al Ladhiqiyah , Syria , Andrew Whitelaw , Reuters , South Australia , Western Australia , Ole Houe ,