# East coast wet won't downgrade winter crop yield prospects says ABARES  | Farm Online | ACT

> ABARES expects 2022-23 winter crop production of 50.9Mt from 23.4 million hectares of plantings, despite delays from wet weather in NSW and Queensland. Yields in Queensland and NSW are forecast to be markedly above average.

- Date: 2022-06-06 · published 2022-06-06T12:00:00.000Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/40888-east-coast-wet-won-t-downgrade-winter-crop-yield-prospects-says-abares-farm
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Strong east coast yield prospects indicate abundant Australian grain for export, a modest bearish factor for wheat and barley against tight global supplies.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-06-16 | [Cropping prospects firm up after solid rain \| Farm Online \| ACT](https://feedsoft.ai/events/52594-cropping-prospects-firm-up-after-solid-rain-farm-online-act.md) | +1.5% | -4.7% |
| WHEAT | 2018-04-18 | [Wheat prices fall on US rain, but dry threat remains for winter crop \| Farm Online \| ACT](https://feedsoft.ai/events/65564-wheat-prices-fall-on-us-rain-but-dry-threat-remains-for-winter-crop-farm-online.md) | +0.1% | -0.9% |
| WHEAT | 2016-11-22 | [Crop expected to nudge 50mt \| Farm Online \| ACT](https://feedsoft.ai/events/73810-crop-expected-to-nudge-50mt-farm-online-act.md) | -2.8% | +0.7% |
| WHEAT | 2026-01-05 | [Southern harvest sees yields up to 30pc better than expected \| Farm Online \| ACT](https://feedsoft.ai/events/21022-southern-harvest-sees-yields-up-to-30pc-better-than-expected-farm-online-act.md) | +0.6% | +3.1% |
| WHEAT | 2021-07-13 | [Big grain production year on the cards \| Farm Online \| ACT](https://feedsoft.ai/events/46014-big-grain-production-year-on-the-cards-farm-online-act.md) | +1.3% | -0.4% |

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/7769508/abares-flags-big-crop-in-spite-of-east-coast-wet/

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