# Record-breaking exports, big crops put Australian farmers on track for bumper season - ABC News

> ABC Rural reports ABARES expects Australian farm export value to reach a record $65 billion in 2022-23, with grain exports tipped to be the most valuable ever. Record grain prices and a favourable winter start are driving the outlook.

- Date: 2022-06-06 · published 2022-06-06T12:00:00.000Z
- Category: trade · region Australia · magnitude low
- Page: https://feedsoft.ai/events/40890-record-breaking-exports-big-crops-put-australian-farmers-on-track-for-bumper
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Record-value grain exports signal strong Australian export volumes and high prices, which support wheat and canola prices in global markets.

## Read by commodity

- WHEAT: neutral
- CANMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-06-29 | [Ray of hope for Australian new crop wheat exports to Southeast Asia in 2020-21 marketing year - Supply Chain Council of European Union \| Scceu.org](https://feedsoft.ai/events/52535-ray-of-hope-for-australian-new-crop-wheat-exports-to-southeast-asia-in-2020-21.md) | -6.5% | -4.5% |
| WHEAT | 2025-04-04 | [Basis flat as farmers monitor crop conditions — TradingView News](https://feedsoft.ai/events/25163-basis-flat-as-farmers-monitor-crop-conditions-tradingview-news.md) | -0.7% | +2.5% |
| WHEAT | 2026-10-29 | [Chinese feed grain importer tours Western Australian crops - Grains Australia](https://feedsoft.ai/events/1304-chinese-feed-grain-importer-tours-western-australian-crops-grains-australia.md) | -0.4% | — |
| WHEAT | 2018-10-26 | [U.S.-Canada trade war means more market share, but smaller profits for Canadian farmers  \| Globalnews.ca](https://feedsoft.ai/events/62527-u-s-canada-trade-war-means-more-market-share-but-smaller-profits-for-canadian.md) | +0.8% | -3.7% |
| WHEAT | 2020-06-01 | [Ukraine seaport grain exports fall - Markets - Business Recorder](https://feedsoft.ai/events/52470-ukraine-seaport-grain-exports-fall-markets-business-recorder.md) | -1.2% | -1.0% |

## Sources

- abc.net.au: https://www.abc.net.au/news/2022-06-07/australian-farmers-record-breaking-grain-exports-due-to-la-nina/101129018

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