# Australia trims wheat crop estimate, curbing global supplies

> Australia's government trimmed its 2023-24 wheat estimate by 3% to 25.4 million tonnes, a 36% fall from the record harvest a year earlier. Barley and canola estimates were raised but remain well below last year.

- Date: 2023-09-06 · published 2023-09-06T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/34065-australia-trims-wheat-crop-estimate-curbing-global-supplies
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Lower Australian wheat exports may leave international buyers such as China needing more imports, which supports global wheat prices.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-04-01 | [Australia Boosts Wheat Output Estimate on Bumper Crops in States](https://feedsoft.ai/events/25545-australia-boosts-wheat-output-estimate-on-bumper-crops-in-states.md) | -0.8% | +1.8% |
| WHEAT | 2024-10-16 | [France trims soft wheat crop estimate, raises maize forecast](https://feedsoft.ai/events/27790-france-trims-soft-wheat-crop-estimate-raises-maize-forecast.md) | -1.1% | -1.6% |
| WHEAT | 2019-11-06 | [Australia: FCStone estimates wheat production at only](https://feedsoft.ai/events/56011-australia-fcstone-estimates-wheat-production-at-only.md) | +3.2% | +7.4% |
| WHEAT | 2018-01-25 | [Global Supplies of High Protein Wheat Keep Tightening - U.S. Wheat Associates](https://feedsoft.ai/events/67019-global-supplies-of-high-protein-wheat-keep-tightening-u-s-wheat-associates.md) | +0.7% | +2.2% |
| WHEAT | 2019-07-15 | [Global crop estimates down \| Farm Online \| ACT](https://feedsoft.ai/events/58041-global-crop-estimates-down-farm-online-act.md) | -0.5% | -3.1% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/australia-trims-wheat-crop-estimate-curbing-global-supplies/

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