# Australia set for 3rd year of bumper wheat harvests, easing world supply woes

> Reuters reports Australia is set for a third year of bumper wheat harvests, with the country's wheat output averaging 24.8 million tonnes annually over the past decade. The article is truncated and offers limited detail beyond the early forecast.

- Date: 2022-06-02 · published 2022-06-02T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/40891-australia-set-for-3rd-year-of-bumper-wheat-harvests-easing-world-supply-woes
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A third large Australian crop eases global wheat supply concerns, a bearish signal for wheat export prices.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-09-06 | [Australia Eyes Record Farm Export Earnings From Bumper Wheat Harvests](https://feedsoft.ai/events/39534-australia-eyes-record-farm-export-earnings-from-bumper-wheat-harvests.md) | +0.4% | +6.9% |
| WHEAT | 2021-01-27 | [Australia to harvest bumper wheat crop \| 2021-01-27  \| World Grain](https://feedsoft.ai/events/49105-australia-to-harvest-bumper-wheat-crop-2021-01-27-world-grain.md) | -10.0% | -0.5% |
| WHEAT | 2025-11-24 | [Big Australia wheat, barley harvests expected \| World Grain](https://feedsoft.ai/events/21920-big-australia-wheat-barley-harvests-expected-world-grain.md) | +0.9% | -0.0% |
| 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 | 2025-03-04 | [Bumper winter crop on tap for Australia \| World Grain](https://feedsoft.ai/events/25543-bumper-winter-crop-on-tap-for-australia-world-grain.md) | +0.1% | +2.8% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/australia-set-3rd-year-bumper-wheat-harvests-easing-world-supply-woes-2022-06-02/

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