# Australia heading for third bumper crop on record plantings - The Business Times

> Rabobank projects a record 23.8 million hectare Australian winter planting and a third straight above-average harvest, with 2022/23 wheat exports estimated at 26 million tonnes. Chicago futures are up nearly 50% since the start of the year on Black Sea and weather shortfalls.

- Date: 2022-05-31 · published 2022-05-31T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/41379-australia-heading-for-third-bumper-crop-on-record-plantings-the-business-times
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Expected large Australian wheat exports, especially into Southeast Asia, add supply that could ease tightness in world wheat markets, though the harvest arrives months away.

## Read by commodity

- WHEAT: bearish ▼
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-09-25 | [Australia on track for third-largest wheat harvest, record barley crop \| MarketScreener](https://feedsoft.ai/events/22825-australia-on-track-for-third-largest-wheat-harvest-record-barley-crop.md) | -0.8% | +1.5% |
| 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 | 2021-09-07 | [Australia lifts wheat forecast - Markets - Business Recorder](https://feedsoft.ai/events/45030-australia-lifts-wheat-forecast-markets-business-recorder.md) | +1.8% | +5.2% |
| WHEAT | 2025-03-03 | [Australia's 2024-25 grain crop surges to third largest on record \| Farm Online \| ACT](https://feedsoft.ai/events/25541-australia-s-2024-25-grain-crop-surges-to-third-largest-on-record-farm-online-act.md) | -3.4% | +0.5% |
| WHEAT | 2023-01-06 | [Australia set for record wheat crop as harvest wraps up - traders \| The Western Producer](https://feedsoft.ai/events/37740-australia-set-for-record-wheat-crop-as-harvest-wraps-up-traders-the-western.md) | -2.7% | -3.0% |

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/companies-markets/energy-commodities/australia-heading-third-bumper-crop-record-plantings

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