# ABARES tips wheat at 30.3Mt, barley 10.9Mt, sorghum 2.7Mt - Grain Central

> ABARES forecasts Australian wheat output at 30.3 million tonnes, barley at 10.9Mt and canola at 5.6Mt for 2022-23 in its June Australian Crop Report. Wheat and barley would be the fourth-largest on record, and canola the second-largest behind last year.

- Date: 2022-06-06 · published 2022-06-06T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/40885-abares-tips-wheat-at-30-3mt-barley-10-9mt-sorghum-2-7mt-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A large Australian crop adds to export supply just as global wheat is tight, which tends to cap wheat and barley prices and pressures feed grain values for importers.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-06-10 | [ABARES forecasts 26.7Mt wheat, 10.6Mt barley, 3.2Mt canola - Grain Central](https://feedsoft.ai/events/52582-abares-forecasts-26-7mt-wheat-10-6mt-barley-3-2mt-canola-grain-central.md) | -1.1% | -5.3% |
| WHEAT | 2021-06-07 | [ABARES forecasts 27.8Mt wheat, 10.4Mt barley, 4.2Mt canola - Grain Central](https://feedsoft.ai/events/46541-abares-forecasts-27-8mt-wheat-10-4mt-barley-4-2mt-canola-grain-central.md) | +1.2% | -2.1% |
| WHEAT | 2021-09-06 | [ABARES forecasts 32.6Mt wheat, 12.5Mt barley, 5Mt canola - Grain Central](https://feedsoft.ai/events/45027-abares-forecasts-32-6mt-wheat-12-5mt-barley-5mt-canola-grain-central.md) | +0.4% | +1.8% |
| WHEAT | 2024-06-03 | [ABARES forecasts wheat at 29.1Mt, barley 11.5Mt, canola 5.4Mt - Grain Central](https://feedsoft.ai/events/29705-abares-forecasts-wheat-at-29-1mt-barley-11-5mt-canola-5-4mt-grain-central.md) | -5.6% | -12.3% |
| WHEAT | 2022-09-05 | [ABARES lifts wheat, barley, canola estimates - Grain Central](https://feedsoft.ai/events/39533-abares-lifts-wheat-barley-canola-estimates-grain-central.md) | -0.5% | +4.5% |

## Sources

- graincentral.com: https://www.graincentral.com/cropping/embargoed-abares-tips-wheat-at-30-3mt-barley-10-9mt-sorghum-2-7mt/

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