# Australia’s grain production and export outlook | UkrAgroConsult

> Australia expects smaller 2023/24 crops after three record years, with winter crop output forecast down 33% to 46.1 million tonnes according to ABARES. Summer crop production is forecast to fall 27% to 3.8 million tonnes.

- Date: 2024-01-25 · published 2024-01-25T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/32090-australia-s-grain-production-and-export-outlook-ukragroconsult
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Reduced Australian winter grain output tightens export supply, supporting wheat and barley prices for feed buyers.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-04-27 | [Australia may have a good grain harvest 27.04.2022 - UkrAgroConsult](https://feedsoft.ai/events/41815-australia-may-have-a-good-grain-harvest-27-04-2022-ukragroconsult.md) | -1.9% | +0.9% |
| WHEAT | 2026-04-29 | [Australia’s wheat production forecast to drop \| World Grain](https://feedsoft.ai/events/19682-australia-s-wheat-production-forecast-to-drop-world-grain.md) | -3.1% | -0.4% |
| WHEAT | 2021-07-13 | [Australia: positive outlook for cropping as ag performs strongly through 2021 - UkrAgroConsult](https://feedsoft.ai/events/46019-australia-positive-outlook-for-cropping-as-ag-performs-strongly-through-2021.md) | +1.3% | -0.4% |
| WHEAT | 2021-05-03 | [Australian grain production falls to average levels  \| World Grain](https://feedsoft.ai/events/47057-australian-grain-production-falls-to-average-levels-world-grain.md) | -5.4% | -5.4% |
| WHEAT | 2021-10-19 | [In October, the USDA reduced its grain crop and export forecasts for the Black Sea region 19.10.2021 - UkrAgroConsult](https://feedsoft.ai/events/44402-in-october-the-usda-reduced-its-grain-crop-and-export-forecasts-for-the-black.md) | +0.7% | +9.2% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/focus-on-australia/

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