# ABARES predicts 62 million tonne winter crop

> ABARES' December crop report put the 2022 Australian winter crop at a near-record 62 million tonnes, despite eastern-state flooding. Wheat was forecast at a record 36.6 million tonnes, barley at 13.4 million tonnes and canola at a record 7.3 million tonnes. Crop abandonment in New South Wales was estimated at about 16% of planted area.

- Date: 2022-12-08 · published 2022-12-08T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/38215-abares-predicts-62-million-tonne-winter-crop
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A large Australian winter crop keeps export supply ample and weighs on wheat and barley prices, though eastern-state losses limit how far prices fall.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2016-12-07 | [Winter crop production to hit record high: ABARES](https://feedsoft.ai/events/73447-winter-crop-production-to-hit-record-high-abares.md) | +1.1% | +0.2% |
| WHEAT | 2022-03-02 | [ABARES confirms first crop ever above 60 million tonnes \| Farm Online \| ACT](https://feedsoft.ai/events/42227-abares-confirms-first-crop-ever-above-60-million-tonnes-farm-online-act.md) | +6.9% | +20.3% |
| WHEAT | 2019-06-17 | [Mixed prospects for Australian winter crop: ABARES - Grain Central](https://feedsoft.ai/events/58543-mixed-prospects-for-australian-winter-crop-abares-grain-central.md) | -6.1% | -8.7% |
| WHEAT | 2026-08-31 | [Another big one: Australia heads for a 61 million tonne winter crop - Episode 3](https://feedsoft.ai/events/17874-another-big-one-australia-heads-for-a-61-million-tonne-winter-crop-episode-3.md) | +2.4% | +6.4% |
| WHEAT | 2021-09-07 | [ABARES forecasts record winter crop production - Beef Central](https://feedsoft.ai/events/45029-abares-forecasts-record-winter-crop-production-beef-central.md) | +1.8% | +5.2% |

## Sources

- farmingahead.com.au: https://www.farmingahead.com.au/cropping/news/1440388/abares-predicts-62-million-tonne-winter-crop

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