# GIWA Crop Report: 2022-23 WA harvest could beat 24.3Mt record by a ‘fair margin’ despite rain and hail | Countryman

> The Grain Industry Association of WA raised its 2022-23 harvest forecast by 800,000 tonnes to about 23.15Mt, and the November forecast is 23.967Mt, with 12.6Mt of wheat and 6.15Mt of barley. Experts say the crop could beat last year's record of 24.3Mt by a fair margin despite rain and hail.

- Date: 2022-11-17 · published 2022-11-17T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/38640-giwa-crop-report-2022-23-wa-harvest-could-beat-24-3mt-record-by-a-fair-margin
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A potential record WA crop increases export supply of wheat and barley from Kwinana, Albany, Geraldton and Esperance, which is bearish for prices. Harvest delays are the main risk to the timing of that supply.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-12-08 | [Australia Set for Record Grain Harvest Despite Weather](https://feedsoft.ai/events/38220-australia-set-for-record-grain-harvest-despite-weather.md) | +9.5% | +8.2% |
| WHEAT | 2023-02-16 | [Australia on track for its third record harvest in a row thanks to Western Australia’s record 26Mt crop  \| Countryman](https://feedsoft.ai/events/37302-australia-on-track-for-its-third-record-harvest-in-a-row-thanks-to-western.md) | -1.3% | -6.4% |
| WHEAT | 2021-11-30 | [Australia set to harvest record grain crop \| World Grain](https://feedsoft.ai/events/44019-australia-set-to-harvest-record-grain-crop-world-grain.md) | -1.0% | -3.4% |
| WHEAT | 2017-01-09 | [WA harvest breaks record - Grain Central](https://feedsoft.ai/events/72956-wa-harvest-breaks-record-grain-central.md) | +2.0% | +3.4% |
| WHEAT | 2024-08-22 | [Record US soybean crop forecast in 2024 \| World Grain](https://feedsoft.ai/events/28788-record-us-soybean-crop-forecast-in-2024-world-grain.md) | -0.8% | +2.8% |

## Sources

- countryman.com.au: https://www.countryman.com.au/countryman/grain/giwa-crop-report-2022-23-wa-harvest-could-beat-24mt-record-by-a-fair-margin-despite-rain-and-hail-c-8816241

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