# Australia raises its 2024/25 wheat harvest — TradingView News

> Australia raised its 2024/25 wheat estimate by about 2.2 million tonnes, to 34.1 million, and lifted its barley and canola estimates after harvest results beat expectations. ABARES also said 2025/26 wheat output would fall but remain above the long-term average. The upgrade follows a series of upward revisions during the season.

- Date: 2025-03-03 · published 2025-03-03T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/25539-australia-raises-its-2024-25-wheat-harvest-tradingview-news
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

The larger harvest eases global wheat supply concerns and adds pressure on export prices. Barley supplies also improve, which can cap feed grain values.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼

## 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 | 2025-12-01 | [Australia raises wheat harvest estimate by nearly two million tonnes - AgCanada](https://feedsoft.ai/events/21469-australia-raises-wheat-harvest-estimate-by-nearly-two-million-tonnes-agcanada.md) | +1.9% | +0.7% |
| WHEAT | 2025-02-06 | [Australia harvested 2 million tons of wheat more than forecast in 2024/25 MY](https://feedsoft.ai/events/26019-australia-harvested-2-million-tons-of-wheat-more-than-forecast-in-2024-25-my.md) | -0.7% | -3.6% |
| 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% |
| WHEAT | 2021-01-27 | [Australia to harvest bumper wheat crop \| 2021-01-27  \| World Grain](https://feedsoft.ai/events/49105-australia-to-harvest-bumper-wheat-crop-2021-01-27-world-grain.md) | -10.0% | -0.5% |

## Sources

- tradingview.com: https://www.tradingview.com/news/reuters.com,2025:newsml_L2N3PM010:0-australia-raises-its-2024-25-wheat-harvest/

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