The following GAIN reports were released on April 28, 2026.
The majority of Australia’s winter cropping area is well placed heading into marketing year (MY) 2026/27. Central and southern New South Wales, Victoria, South Australia, and Western Australia—accounting for around 90 percent of winter crop production—are entering the planting period with favorable seasonal conditions. Despite rising input costs associated with the Middle East situation, seasonal conditions remain the primary driver of planting decisions and yields. However, forecasts of below-average rainfall in the coming months, combined with the increasing likelihood of an El Niño developing later in 2026, are weighing on production prospects, with wheat and barley production and exports forecast to decline. Sorghum production and exports are also projected to decrease, reflecting the potential onset of El Niño conditions. Rice production and exports are forecast to fall to very low levels in MY 2026/27 due to a further reduction in irrigation water availability, following sharp declines in MY 2025/26.
Production of wheat, corn, barley, and oats is anticipated to decrease six percent from the previous year, falling to 64.07 million metric tons (MMT) in marketing year (MY) 2026/27 on an assumption that total area planted will remain the same at 16.2 million hectares but yields will fall in line with their respective three-year averages. Corn imports in MY 2025/26 are anticipated to increase to 1.9 MMT, up from 1.68 MMT the previous year, primarily due to drought conditions in Ontario and Quebec that impacted production. Soil moisture conditions in the prairie provinces have improved in March 2025 compared to the same time last year, boosting confidence that the Prairies will avoid a drought year.
On April 1, 2026, the Ministry of Trade and Integration announced the second stage of 2026 meat and poultry quotas by HS code for importers. The second stage approved the distribution of 8,505 metric tons (MT) of beef and 94,500 MT of poultry. The 2026 TRQ volumes and rates remain unchanged from those announced in 2025.
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