{"id":539,"date":"2014-10-24T06:47:47","date_gmt":"2014-10-24T10:47:47","guid":{"rendered":"http:\/\/olduvai.ca\/?p=539"},"modified":"2014-10-24T06:47:47","modified_gmt":"2014-10-24T10:47:47","slug":"wheat-crop-seen-falling-short-in-australia-on-frost-hail-damage-bloomberg","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=539","title":{"rendered":"Wheat Crop Seen Falling Short in Australia on Frost, Hail Damage &#8211; Bloomberg"},"content":{"rendered":"<p><a href=\"http:\/\/www.bloomberg.com\/news\/2014-10-24\/wheat-crop-seen-falling-short-in-australia-on-frost-hail-damage.html\">Wheat Crop Seen Falling Short in Australia on Frost, Hail Damage &#8211; Bloomberg<\/a>.<\/p>\n<p style=\"box-sizing: border-box; margin-top: 0px; margin-bottom: 28px; font-size: 1.1em; line-height: 1.3125em;\"><a style=\"box-sizing: border-box; cursor: pointer; color: #003399; text-decoration: none; outline-style: none; outline-width: initial; outline-color: initial; font-family: akzidenz-grotesk-std-bloom, Arial, Helvetica, sans-serif; font-style: normal; font-weight: bold;\" href=\"http:\/\/topics.bloomberg.com\/australia\/\">Australia<\/a>\u2019s wheat harvest may drop short of a government forecast after frost and hail damaged crops in the world\u2019s fifth-biggest shipper. Futures climbed to a six-week high.<\/p>\n<p style=\"box-sizing: border-box; margin-top: 0px; margin-bottom: 28px; font-size: 1.1em; line-height: 1.3125em;\">Production may total 23.2 million metric tons in 2014-2015, according to the median of five analysts and trader estimates compiled by\u00a0<a style=\"box-sizing: border-box; cursor: pointer; color: #003399; text-decoration: none; outline-style: none; outline-width: initial; outline-color: initial; font-family: akzidenz-grotesk-std-bloom, Arial, Helvetica, sans-serif; font-style: normal; font-weight: bold;\" href=\"http:\/\/topics.bloomberg.com\/bloomberg-news\/\">Bloomberg News<\/a>. That compares with a government forecast of 24.2 million tons and 27 million tons a year earlier. Farmers started harvesting the crop this month.<\/p>\n<p style=\"box-sizing: border-box; margin-top: 0px; margin-bottom: 28px; font-size: 1.1em; line-height: 1.3125em;\">Wheat futures in\u00a0<a style=\"box-sizing: border-box; cursor: pointer; color: #003399; text-decoration: none; outline-style: none; outline-width: initial; outline-color: initial; font-family: akzidenz-grotesk-std-bloom, Arial, Helvetica, sans-serif; font-style: normal; font-weight: bold;\" href=\"http:\/\/topics.bloomberg.com\/chicago\/\">Chicago<\/a>\u00a0tumbled 12 percent this year on speculation farmers worldwide will reap record crops. Increased supplies of grains are helping to pressure global\u00a0<a class=\"web_ticker\" style=\"box-sizing: border-box; cursor: pointer; color: #003399; text-decoration: none; outline-style: none; outline-width: initial; outline-color: initial; font-family: akzidenz-grotesk-std-bloom, Arial, Helvetica, sans-serif; font-style: normal; font-weight: bold;\" title=\"Get Quote\" href=\"http:\/\/www.bloomberg.com\/quote\/FAOFOODI:IND\">food prices<\/a>, with a\u00a0<a style=\"box-sizing: border-box; cursor: pointer; color: #003399; text-decoration: none; outline-style: none; outline-width: initial; outline-color: initial; font-family: akzidenz-grotesk-std-bloom, Arial, Helvetica, sans-serif; font-style: normal; font-weight: bold;\" href=\"http:\/\/topics.bloomberg.com\/united-nations\/\">United Nations<\/a>\u2019 index dropping for a sixth month in September, the longest slide since 2009. Disappointing rain in winter and early spring across many Australian grain-growing regions as well as reports of frost damage are weighing on expected yields, according to National Australia Bank Ltd.<\/p>\n<p style=\"box-sizing: border-box; margin-top: 0px; margin-bottom: 28px; font-size: 1.1em; line-height: 1.3125em;\">&#8230;click on the link above to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wheat Crop Seen Falling Short in Australia on Frost, Hail Damage &#8211; Bloomberg. Australia\u2019s wheat harvest may drop short of a government forecast after frost and hail damaged crops in the world\u2019s fifth-biggest shipper. Futures climbed to a six-week high. Production may total 23.2 million metric tons in 2014-2015, according to the median of five [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4],"tags":[41,183,319,875],"class_list":["post-539","post","type-post","status-publish","format-standard","hentry","category-environment","tag-australia","tag-crop-damage","tag-food","tag-wheat"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=539"}],"version-history":[{"count":0,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/539\/revisions"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}