# ABARES lifts wheat, barley, canola estimates in mixed season - Grain Central

> ABARES raised its September forecasts for Australia's winter crop to 31.8 million tonnes of wheat, 12.2 Mt of barley and 5.5 Mt of canola. The wheat and barley upgrades reflect better conditions in Queensland, New South Wales and Western Australia, offset by dry conditions in Victoria and South Australia.

- Date: 2024-09-02 · published 2024-09-02T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/28279-abares-lifts-wheat-barley-canola-estimates-in-mixed-season-grain-central
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A larger Australian harvest adds to global wheat and barley supply at a time of low prices, which is bearish for feed grain values and export competition.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| WHEAT | 2024-03-04 | [ABARES lifts wheat, canola estimates, trims barley - Grain Central](https://feedsoft.ai/events/31171-abares-lifts-wheat-canola-estimates-trims-barley-grain-central.md) | +7.2% | -0.4% |
| WHEAT | 2024-12-02 | [ABARES lifts wheat, canola estimates, trims barley - Grain Central](https://feedsoft.ai/events/26915-abares-lifts-wheat-canola-estimates-trims-barley-grain-central.md) | +0.2% | +2.6% |
| 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 | 2025-03-03 | [ABARES lifts forecasts for wheat, barley, canola - Grain Central](https://feedsoft.ai/events/25537-abares-lifts-forecasts-for-wheat-barley-canola-grain-central.md) | -3.4% | +0.5% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/australia-abares-lifts-wheat-barley-canola-estimates-in-mixed-season/
- graincentral.com: https://www.graincentral.com/news/abares-lifts-wheat-barley-canola-estimates-in-mixed-season/

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