# Australian production estimates rising: ABARES - MarketsFarm

> ABARES expects Australian wheat and barley production in 2024/25 to exceed earlier forecasts and last year's crop, at 31.8 Mt and 12.2 Mt respectively. Lentil output is forecast up 7% to 1.7 Mt, and chickpea output up 171% to 1.3 Mt.

- Date: 2024-09-03 · published 2024-09-03T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/28284-australian-production-estimates-rising-abares-marketsfarm
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Larger Australian wheat and barley crops add export supply during a period of low prices, which is bearish for feed grain values.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-12-02 | [Australian production estimates pressure markets: Grain market daily \| AHDB](https://feedsoft.ai/events/21471-australian-production-estimates-pressure-markets-grain-market-daily-ahdb.md) | -1.2% | -1.1% |
| WHEAT | 2025-09-01 | [ABARES lifts production estimates for major crops - Grain Central](https://feedsoft.ai/events/22821-abares-lifts-production-estimates-for-major-crops-grain-central.md) | -0.6% | -1.2% |
| WHEAT | 2021-11-29 | [Record year for Australian winter crop production: ABARES - Grain Central](https://feedsoft.ai/events/44017-record-year-for-australian-winter-crop-production-abares-grain-central.md) | -1.1% | -3.5% |
| WHEAT | 2026-01-14 | [Australian crop production surpasses expectations](https://feedsoft.ai/events/21020-australian-crop-production-surpasses-expectations.md) | -0.9% | +2.2% |
| WHEAT | 2022-07-22 | [AAFC raises wheat, canola production estimates \| Farmtario](https://feedsoft.ai/events/40451-aafc-raises-wheat-canola-production-estimates-farmtario.md) | -10.2% | -1.7% |

## Sources

- marketsfarm.com: https://marketsfarm.com/australian-production-estimates-rising-abares/

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