# Another bumper winter crop: Rabobank – The Queenslander

> Rabobank forecasts Australia's 2022/23 winter crop area at a record 23.83 million hectares, up 1% year on year, with wheat up 1.4% and canola up 20.9%. Barley and oats plantings are forecast lower, and the bank cautioned that yields remain uncertain given late planting and wet conditions.

- Date: 2022-05-31 · published 2022-05-31T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/41374-another-bumper-winter-crop-rabobank-the-queenslander
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A large Australian winter crop would add export supply into a market short of Black Sea grain, which is bearish for wheat and canola, though yield risks from wet, late planting limit the price impact.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-12-04 | [Bumper grain harvest in Queensland and NSW boosts winter crop \| Farm Online \| ACT](https://feedsoft.ai/events/26918-bumper-grain-harvest-in-queensland-and-nsw-boosts-winter-crop-farm-online-act.md) | +1.1% | +2.5% |
| WHEAT | 2025-10-20 | [Another robust harvest ahead, but prices fail to keep pace – Rabobank 2025/26 Australian winter crop forecast](https://feedsoft.ai/events/22350-another-robust-harvest-ahead-but-prices-fail-to-keep-pace-rabobank-2025-26.md) | +0.7% | -2.8% |
| WHEAT | 2025-11-09 | [Another robust harvest ahead, but prices fail to keep pace – Rabobank 2025/26 Australian winter crop forecast](https://feedsoft.ai/events/21923-another-robust-harvest-ahead-but-prices-fail-to-keep-pace-rabobank-2025-26.md) | -3.4% | -2.2% |
| 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% |
| WHEAT | 2020-10-22 | [Australia on track for above-average winter crop: Rabobank - Grain Central](https://feedsoft.ai/events/50600-australia-on-track-for-above-average-winter-crop-rabobank-grain-central.md) | -0.5% | -4.7% |

## Sources

- theqldr.com.au: https://theqldr.com.au/economy-business-and-finance/2022/05/31/crops/

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