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Australia Pulse Crop Prospects Improve
VANCOUVER - Jul 5/05 - SNS -- Widespread rainfall in Australia during the past month has recharged this year's pulse crops, resulting in a major rebound in production prospects for the country.
Before the rains arrived, the Australian Bureau of Agricultural and Resource Economics (ABARE) predicted this year's pulse harvest would increase 2.8% to 1.721 million metric tons (MT). Rain started falling as the June 7 report was released and have since stimulated a major upward revision in pulse production prospects to a forecast 1.772 million MT, up 5.8% from last season.
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