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Jan 14, 2026REPORTAustralia

Australian crop production surpasses expectations

Australia's winter crop came in better than earlier forecasts as conditions improved during the season. ABARES projects the second-largest winter crop on record despite mixed conditions across the country.

WHY IT MATTERS

Upward revisions to Australian supply reinforce ample global wheat and barley availability, which is bearish for feed grain prices.

AFFECTSWHEAT▼

SOURCE
farmingahead.com.auJenna SantosJan 14, 2026

Price reaction & history

WHEAT▼bearishSO FAR1d +0.2%5d -0.9%20d +2.2%

After 1,006 past bearish report events, WHEAT moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.

Mar 6, 2023Record winter crop production expected for Australia - AgCanada-2.2%
Jan 12, 2026USDA Raises Production and Stocks Above Trade Expectations+0.2%
Jun 10, 2020Australia winter crop production expected to increase | 2020-06-10 | World Grain-1.1%
Sep 1, 2026Australia’s winter crop production revised up | World Grain+1.0%
Nov 29, 2021Record year for Australian winter crop production: ABARES - Grain Central-1.1%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

WHEAT · GP ▸

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