# Horticulture and sugar hit give crop production a boost

> ABARES forecasts Australian winter crop output falling by a third, with wheat revised down 36% to 25.4 million tonnes. Horticulture and sugar output are expected to rise and help keep total agricultural value near record levels.

- Date: 2023-09-04 · published 2023-09-04T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/34063-horticulture-and-sugar-hit-give-crop-production-a-boost
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

The lower wheat and winter grain outlook supports feed grain prices, while the horticulture gains do not offset the grain supply shortfall for feed buyers.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-08-31 | [StatsCan production report: canola and wheat production down but soybeans production up big - RealAgriculture](https://feedsoft.ai/events/69432-statscan-production-report-canola-and-wheat-production-down-but-soybeans.md) | +0.5% | -2.7% |
| WHEAT | 2026-06-02 | [Agriculture production set to ease amid drier outlook - DAFF](https://feedsoft.ai/events/18769-agriculture-production-set-to-ease-amid-drier-outlook-daff.md) | -0.6% | +1.3% |
| WHEAT | 2026-03-20 | [COCEREAL gives EU grain crop a boost   \| World Grain](https://feedsoft.ai/events/20111-cocereal-gives-eu-grain-crop-a-boost-world-grain.md) | -0.1% | +1.1% |
| 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 | 2023-08-11 | [USDA Lowers Corn and Soybean Yields and Production](https://feedsoft.ai/events/12250-usda-lowers-corn-and-soybean-yields-and-production.md) | -1.5% | -7.4% |

## Sources

- aapnews.aap.com.au: https://aapnews.aap.com.au/news/agriculture-production-to-fall-but-sector-still-strong

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