# Canola production in Australia in 2023/24 will decline. Winter harvest has been completed

> ABARES puts Australia's 2023/24 canola crop at 5.7 million tonnes, up 200,000 tonnes from December but 31% below last year's record. Total winter crop output is 46.7 Mt, with wheat at 26.0 Mt and barley at 10.8 Mt. Wheat quality was mixed, with more high-protein grades in WA and SA.

- Date: 2024-03-07 · published 2024-03-07T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/31176-canola-production-in-australia-in-2023-24-will-decline-winter-harvest-has-been
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Canola supply is smaller than last year, but the upward revision limits support for canola meal. The report has little direct effect on feed grain prices.

## Read by commodity

- CANMEAL: neutral

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/canola-production-in-australia-in-2023-24-will-decline-winter-harvest-has-been-completed/

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