# Australian Winter Crop Forecast by Rabobank - Poultry Newspaper

> Rabobank's 2023-24 Australian Winter Crop Forecast puts the winter crop at 48.72 million tonnes, down 24% from last season's record. Wheat is expected to fall to 26.9 million tonnes, and dry conditions are pushing local wheat and barley prices to a positive basis over global levels.

- Date: 2023-11-06 · published 2023-11-06T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/33123-australian-winter-crop-forecast-by-rabobank-poultry-newspaper
- 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 24% production decline tightens Australian supplies and lifts local grain and canola prices, supporting export demand from feed importers.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-10-20 | [A golden outlook for a golden year’ – Rabobank 2021/22 Australian Winter Crop Forecast I Australian Rural & Regional News](https://feedsoft.ai/events/44506-a-golden-outlook-for-a-golden-year-rabobank-2021-22-australian-winter-crop.md) | +0.5% | +8.9% |
| WHEAT | 2026-06-05 | [Australia's winter crop production forecast to be down 21 per cent](https://feedsoft.ai/events/18772-australia-s-winter-crop-production-forecast-to-be-down-21-per-cent.md) | -0.4% | +1.5% |
| WHEAT | 2025-05-25 | [Australia heading towards record-high winter crop planting – Rabobank](https://feedsoft.ai/events/24631-australia-heading-towards-record-high-winter-crop-planting-rabobank.md) | -0.1% | +0.2% |
| WHEAT | 2026-05-26 | [Australia looks to smaller winter crop, impacted by mixed weather and high input costs: Rabobank I Australian Rural & Regional News](https://feedsoft.ai/events/19237-australia-looks-to-smaller-winter-crop-impacted-by-mixed-weather-and-high-input.md) | -0.7% | +0.2% |
| WHEAT | 2025-06-05 | [Australian winter crops poised for strong year \| World Grain](https://feedsoft.ai/events/24168-australian-winter-crops-poised-for-strong-year-world-grain.md) | -1.4% | -0.2% |

## Sources

- poultrynews.com.au: https://poultrynews.com.au/australian-winter-crop-forecast-by-rabobank/

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