Australia's near-record winter grain crop is under threat from heavy rainfall that is sweeping the east coast, damaging crops and making it impossible to access fields in some regions. Agricultural bank Rabobank had forecast that Australia's harvest could be a near-record 61.9mn t in its 2022-23 Australian Winter Crop Forecast. But this was put together before the latest wet system that is moving up the east coast, bringing heavy rainfall to already saturated ground and full river systems and leading to flooding.

Kazakhstan’s wheat and barley production is expected to rebound significantly in 2022-23 and regain its market share lost due to lower production last season, according to a report from the Foreign Agricultural Service of the US Department of Agriculture (USDA). Exports of barley, wheat and wheat flour are expected to reach multiyear highs on strong production and steady demand from importing countries, the USDA said.