OCEANIA: Cereal planting and production in 2003 should rebound sharply after last year�s severely reduced output. Assuming a return to normal weather conditions after the El Ni�o-induced drought last year, the wheat crop is forecast to recover to 24 million tonnes, close to the record harvest in 2001. Conditions for the winter grain planting have been generally satisfactory so far but in early June some areas were still waiting to receive sufficient planting rains.