# ABARES lifts forecasts for wheat, barley, canola - Grain Central

> ABARES raised its forecasts for Australia's three largest winter crops in its March quarterly report. Wheat was lifted to 34.1 million tonnes from 31.9 million, barley to 13.3 million from 11.7 million, and canola to 5.9 million from 5.6 million. Yields beat expectations in Western Australia and New South Wales, while South Australia and Victoria were weaker.

- Date: 2025-03-03 · published 2025-03-03T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/25537-abares-lifts-forecasts-for-wheat-barley-canola-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A larger Australian wheat and barley crop adds exportable supply to global markets and eases pressure on prices for feed and milling grains. Buyers can expect more competitive offers from Australian origin.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-12-01 | [ABARES lifts forecasts for canola, wheat, barley - Grain Central](https://feedsoft.ai/events/21468-abares-lifts-forecasts-for-canola-wheat-barley-grain-central.md) | +1.9% | +0.7% |
| WHEAT | 2020-09-07 | [ABARES lifts national wheat, barley, canola forecasts - Grain Central](https://feedsoft.ai/events/51080-abares-lifts-national-wheat-barley-canola-forecasts-grain-central.md) | +10.0% | +16.8% |
| WHEAT | 2020-11-30 | [ABARES lifts national wheat, barley, canola forecasts - Grain Central](https://feedsoft.ai/events/50128-abares-lifts-national-wheat-barley-canola-forecasts-grain-central.md) | -0.9% | +8.3% |
| WHEAT | 2021-09-06 | [ABARES forecasts 32.6Mt wheat, 12.5Mt barley, 5Mt canola - Grain Central](https://feedsoft.ai/events/45027-abares-forecasts-32-6mt-wheat-12-5mt-barley-5mt-canola-grain-central.md) | +0.4% | +1.8% |
| WHEAT | 2022-09-05 | [ABARES lifts wheat, barley, canola estimates - Grain Central](https://feedsoft.ai/events/39533-abares-lifts-wheat-barley-canola-estimates-grain-central.md) | -0.5% | +4.5% |

## Sources

- graincentral.com: https://www.graincentral.com/news/abares-lifts-forecasts-for-wheat-barley-canola/

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