Australian grain farmers win rain gamble

Updated June 17, 2008 21:23:53

The Australian government's commodities forecaster says grain farmers in eastern Australia will benefit from June rains.

The Australian Bureau of Agricultural and Resource Economics (ABARE) says many farmers in the eastern states took a gamble and sowed their winter grain crops into dry soil hoping for rain.

There were good falls over much of eastern Australia earlier this month and Leanne Lawrance from ABARE says harvests could be 65 per cent larger than last year.

"A lot of farmers took a gamble with dry sowing crops and throughout out the Eastern States there was some good rainfall early this month, which has certainly helped those crops that were dry sown," she said.

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