# Barley, canola, wheat estimates lift over quarter: ABARES - Grain Central

> ABARES's December 2023 crop report forecasts Australian wheat at 25.5Mt, barley at 11.1Mt and canola at 5.5Mt. All three estimates rose from September, with total winter-crop output at 46.1Mt, about 33% below the record 2022-23 crop.

- Date: 2023-12-04 · published 2023-12-04T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/32664-barley-canola-wheat-estimates-lift-over-quarter-abares-grain-central
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Australia's crop is still much smaller than last year's record, which supports export prices for wheat and barley even though the upward revision adds some supply. Expected exports still pull on Asian demand.

## Read by commodity

- WHEAT: neutral
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-11-26 | [Wheat estimates climb ahead of ABARES' revision - Grain Central](https://feedsoft.ai/events/44020-wheat-estimates-climb-ahead-of-abares-revision-grain-central.md) | -0.8% | -3.5% |
| WHEAT | 2023-09-01 | [IKON forecasts total wheat, barley, canola at 48.1Mt - Grain Central](https://feedsoft.ai/events/34069-ikon-forecasts-total-wheat-barley-canola-at-48-1mt-grain-central.md) | +0.1% | +1.1% |
| WHEAT | 2024-02-14 | [France reduces winter grain area estimates](https://feedsoft.ai/events/31606-france-reduces-winter-grain-area-estimates.md) | +0.1% | -5.0% |
| WHEAT | 2026-02-13 | [GIWA estimate for record crop settles on 27.35Mt - Grain Central](https://feedsoft.ai/events/20556-giwa-estimate-for-record-crop-settles-on-27-35mt-grain-central.md) | +0.9% | +4.0% |
| WHEAT | 2019-11-22 | [Wheat production, trade rising: IGC - Grain Central](https://feedsoft.ai/events/55997-wheat-production-trade-rising-igc-grain-central.md) | +1.6% | -0.7% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/barley-canola-wheat-estimates-lift-over-quarter-abares/
- graincentral.com: https://www.graincentral.com/news/barley-canola-wheat-estimates-lift-over-quarter-abares/

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