Warnings on Australian drought hitting economy crystallising now - wheat production

The latest government forecasts have Australian wheat production down around 13%

Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES)

• lowered its wheat forecast by nearly 13 percent on Tuesday, output to a 10 year low
• This the impact of drought across the country's east coas

The east coast is Australia's second-biggest wheat producing region after Western Australia

via Reuters report