# Another record-breaking harvest | World-grain.com | November 04, 2016 18:17 | World Grain

> FAO projects 2016 world wheat production to exceed the 2015 record by 1.2%, with record cereal output of 2.569 billion tonnes. Global feed usage is expected to rise 2.7% amid large supplies.

- Date: 2016-11-11 · published 2016-11-11T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/12239-another-record-breaking-harvest-world-grain-com-november-04-2016-18-17-world
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Abundant global supplies and higher ending stocks point to a comfortable balance and ample export availability, which is bearish for feed grain prices.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2016-11-10 | [Wheat \| World-grain.com \| November 10, 2016 20:14 \| World Grain](https://feedsoft.ai/events/73889-wheat-world-grain-com-november-10-2016-20-14-world-grain.md) | +1.5% | +0.7% |
| WHEAT | 2017-01-09 | [WA harvest breaks record - Grain Central](https://feedsoft.ai/events/72956-wa-harvest-breaks-record-grain-central.md) | +2.0% | +3.4% |
| WHEAT | 2023-01-30 | [Australia grain harvest running to record \| World Grain](https://feedsoft.ai/events/37734-australia-grain-harvest-running-to-record-world-grain.md) | +3.4% | +1.2% |
| WHEAT | 2021-11-30 | [Australia set to harvest record grain crop \| World Grain](https://feedsoft.ai/events/44019-australia-set-to-harvest-record-grain-crop-world-grain.md) | -1.0% | -3.4% |
| WHEAT | 2024-12-06 | [Record-Breaking Australian Winter Harvest](https://feedsoft.ai/events/26919-record-breaking-australian-winter-harvest.md) | +0.7% | +0.4% |
| CORN | 2017-12-08 | [E.U. grain crop revised up for 2017-18 \| World-grain.com \| December 08, 2017 15:03 \| World Grain](https://feedsoft.ai/events/67428-e-u-grain-crop-revised-up-for-2017-18-world-grain-com-december-08-2017-15-03.md) | +2.9% | +5.8% |
| CORN | 2017-06-19 | [Brazil on track for record corn output \| World-grain.com \| June 19, 2017 15:09 \| World Grain](https://feedsoft.ai/events/70330-brazil-on-track-for-record-corn-output-world-grain-com-june-19-2017-15-09-world.md) | -5.4% | -1.7% |
| CORN | 2017-11-30 | [Grain elevator operators set sights on improved margins \| World-grain.com \| November 29, 2017 22:04 \| World Grain](https://feedsoft.ai/events/67876-grain-elevator-operators-set-sights-on-improved-margins-world-grain-com.md) | +1.0% | +7.1% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/7296-another-record-breaking-harvest

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.