Australia expecting another record wheat crop.

Australia is forecast to produce yet another record wheat crop in the 2022-23 marketing year, according to a report from the Australian Bureau of Agricultural and Resource Economics (ABARES).

Wheat production is forecast to reach a record of 36.6 million tonnes, a 1 percent increase over the previous record set last year. If realized, it would be the third straight bumper crop following several years of drought when production dipped below...