# Australian wheat export could be at a high level: Grain market daily | AHDB

> Australia's wheat harvest is underway and export supplies will soon reach the market. Australia produced 25.9 Mt of wheat last marketing year and averaged 29.8 Mt over five years, with USDA estimates also cited. UK and European feed wheat and rapeseed futures were mixed.

- Date: 2024-11-20 · published 2024-11-20T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/27360-australian-wheat-export-could-be-at-a-high-level-grain-market-daily-ahdb
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Expected Australian export supplies add to global wheat availability, pressuring wheat prices, though strong US winter wheat ratings reinforce the bearish tone.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Sources

- mainsitelive.azurewebsites.net: https://mainsitelive.azurewebsites.net/news/australian-wheat-export-could-be-at-a-high-level-grain-market-daily

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