Drought is expected to cut eastern Australia’s crop production this year to less than half the average over the past 20 years, with New South Wales to be worst hit, the country’s agricultural commodities forecaster said on Friday.  While some regions are facing the worst conditions in memory, the Australian Bureau of Agricultural and Resource Economics said the drought-hit areas are smaller than in previous droughts. The winter crop in New South Wales, one of the country’s key wheat growing areas, is expected to be 65 percent below the 20-year average in the year to June 2019, […]