# Grains: Aussie ag's quiet achiever | Farm Online | ACT

> Australia's grains industry was valued at more than A$28 billion in the latest ABARES data, with wheat earnings above A$15 billion. The value is up sevenfold since the late 1980s, and the sector has benefited from two consecutive record crops. Industry figures say the recent weather helped, but a long-term upward trend in earnings is still possible.

- Date: 2023-04-02 · published 2023-04-02T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/36376-grains-aussie-ag-s-quiet-achiever-farm-online-act
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

This is background on the industry's scale and does not describe a new supply or demand change. It has little direct effect on prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-06-09 | [ABARES flags big year for grain growers  \| Farm Online \| ACT](https://feedsoft.ai/events/46545-abares-flags-big-year-for-grain-growers-farm-online-act.md) | +5.6% | -5.2% |
| WHEAT | 2021-05-28 | [Big grain production numbers flagged  \| Farm Online \| ACT](https://feedsoft.ai/events/47053-big-grain-production-numbers-flagged-farm-online-act.md) | -2.6% | -3.8% |
| WHEAT | 2025-03-03 | [Australia's 2024-25 grain crop surges to third largest on record \| Farm Online \| ACT](https://feedsoft.ai/events/25541-australia-s-2024-25-grain-crop-surges-to-third-largest-on-record-farm-online-act.md) | -3.4% | +0.5% |
| WHEAT | 2024-12-04 | [Bumper grain harvest in Queensland and NSW boosts winter crop \| Farm Online \| ACT](https://feedsoft.ai/events/26918-bumper-grain-harvest-in-queensland-and-nsw-boosts-winter-crop-farm-online-act.md) | +1.1% | +2.5% |
| WHEAT | 2016-12-06 | [Australia to soar to production records \| Farm Online \| ACT](https://feedsoft.ai/events/73466-australia-to-soar-to-production-records-farm-online-act.md) | +1.2% | -0.3% |

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/8143949/grains-aussie-ags-quiet-achiever/

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