# Australia raises wheat harvest estimate by nearly two million tonnes - AgCanada

> Reuters reports that Australia raised its wheat production forecast by about 1.8 million tonnes to 35.6 million tonnes in the ABARES December quarterly report. The agency also lifted barley to 15.7 million tonnes and canola to 7.2 million tonnes. The revisions were attributed to timely spring rain and mild temperatures in most cropping regions.

- Date: 2025-12-01 · published 2025-12-01T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/21469-australia-raises-wheat-harvest-estimate-by-nearly-two-million-tonnes-agcanada
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A larger Australian harvest adds to abundant global supply and competes with other grain exporters for Asian demand, which weighs on wheat prices. Barley and canola prices are more supported by their own fundamentals.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: neutral
- CANMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-10-20 | [Australia’s wheat harvest forecast raised to near-record level](https://feedsoft.ai/events/22354-australia-s-wheat-harvest-forecast-raised-to-near-record-level.md) | +0.7% | -2.8% |
| WHEAT | 2025-03-03 | [Australia raises its 2024/25 wheat harvest — TradingView News](https://feedsoft.ai/events/25539-australia-raises-its-2024-25-wheat-harvest-tradingview-news.md) | -3.4% | +0.5% |
| WHEAT | 2025-10-20 | [Australia’s wheat production outlook improves as harvest begins - AgCanada](https://feedsoft.ai/events/22345-australia-s-wheat-production-outlook-improves-as-harvest-begins-agcanada.md) | +0.7% | -2.8% |
| WHEAT | 2025-02-14 | [Western Australia’s wheat harvest exceeds forecast by 1.6 million tons, GIWA says - Grainews](https://feedsoft.ai/events/26021-western-australia-s-wheat-harvest-exceeds-forecast-by-1-6-million-tons-giwa.md) | +1.6% | -2.8% |
| WHEAT | 2021-02-17 | [Australia raises wheat crop estimate to new record \| 2021-02-17  \| World Grain](https://feedsoft.ai/events/48596-australia-raises-wheat-crop-estimate-to-new-record-2021-02-17-world-grain.md) | +0.8% | -0.3% |

## Sources

- agcanada.com: https://www.agcanada.com/daily/australia-raises-wheat-harvest-estimate-by-nearly-two-million-tonnes

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