# ABARES forecasts wheat at 29.1Mt, barley 11.5Mt, canola 5.4Mt - Grain Central

> ABARES' June Australian Crop Report forecasts 2024-25 wheat production at 29.1 million tonnes, barley at 11.5Mt and canola at 5.4Mt. Winter crop area is forecast to stay historically high at 23.6 million hectares, with wheat area up 3% and canola area down 9%.

- Date: 2024-06-03 · published 2024-06-03T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/29705-abares-forecasts-wheat-at-29-1mt-barley-11-5mt-canola-5-4mt-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A larger Australian wheat and barley crop adds exportable supply and pressures export prices, while smaller canola output tightens supply for canola meal used in feed.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2021-06-07 | [ABARES forecasts 27.8Mt wheat, 10.4Mt barley, 4.2Mt canola - Grain Central](https://feedsoft.ai/events/46541-abares-forecasts-27-8mt-wheat-10-4mt-barley-4-2mt-canola-grain-central.md) | +1.2% | -2.1% |
| 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% |
| WHEAT | 2020-06-10 | [ABARES forecasts 26.7Mt wheat, 10.6Mt barley, 3.2Mt canola - Grain Central](https://feedsoft.ai/events/52582-abares-forecasts-26-7mt-wheat-10-6mt-barley-3-2mt-canola-grain-central.md) | -1.1% | -5.3% |

## Sources

- graincentral.com: https://www.graincentral.com/news/abares-forecasts-wheat-at-29-1mt-barley-11-5mt-canola-5-4mt/

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